The 10 million-ton-per-year Goldboro LNG facility hopes to benefit from its geographical location in Nova Scotia, with a journey time of six days to markets in the U.K., the Netherlands or potentially Germany below that of rivals in the U.S. or Russia.
Pieridae’s sales are based on European hub prices, which traditionally are higher than U.S. benchmarks but below those in Asia.
“Having the shortest distance to our primary market is extremely valuable,” Thomas Dawson, senior vice-president of business development at Pieridae, said by telephone. #nspoli