Golden Pass

U.S. LNG Projects Said to Face Significant Hurdles to Sell Supply

U.S. LNG Projects Said to Face Significant Hurdles to Sell Supply

The global liquefied natural gas (LNG) supply glut, exposure to European pipeline gas price risk and Asian gas price controls make it difficult for U.S. export project developers to sign long-term deals indexed to Henry Hub prices, according to an industry executive. Potential customers are “looking at a current price scenario of $4.00-5.00/MMBtu and we’re…

November 12, 2020
Golden Pass LNG Asks FERC for Additional 2.5 MMTY Production Capacity

Golden Pass LNG Asks FERC for Additional 2.5 MMTY Production Capacity

Golden Pass LNG Terminal LLC, a joint venture of ExxonMobil and state-owned Qatar Petroleum (QP), has asked FERC to increase by 2.5 million metric tons/year (mmty) the total liquefied natural gas (LNG) production capacity of its planned export facilities on the Texas coast.

May 29, 2020

Golden Pass LNG Sanctioned by ExxonMobil, Qatar

The U.S. natural gas export project long envisioned by sponsors ExxonMobil Corp. and state-owned Qatar Petroleum (QP) was sanctioned Tuesday, with construction on the Texas coast in Sabine Pass set to begin before the end of March.

February 5, 2019