LNG

Goldboro’s FID delayed again

Thursday, 30 April 2020
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Pieridae is currently in negotiations with German utility Uniper to further extend the Goldboro LNG project’s FID deadline to June, 2021, the company said in a recent financial statement.

A 20-year agreement had already been signed with Uniper to offtake the entire Train 1 at Goldboro, which will total 5 mill tonnes per annum.

On 9th July last year, the developer negotiated extensions of the key deadlines that were originally agreed under Pieridae’s 20-year contract with Uniper.

These included forecast commercial deliveries of gas to start between 30th November, 2024 and 31st May, 2025; and an extension to 30th September, 2020 of the deadline to take a positive FID. 

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