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…
Articles from Golden Pass
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.
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.