Golden Pass

ExxonMobil to Stay Disciplined Amid Growing Global Opportunities for Oil, Natural Gas

ExxonMobil to Stay Disciplined Amid Growing Global Opportunities for Oil, Natural Gas

Growth in the Permian Basin, Guyana’s offshore and the global liquefied natural gas (LNG) market are gaining momentum, along with low-carbon opportunities, ExxonMobil CEO Darren Woods said last week. During the 1Q2022 conference call on Friday (April 29), Woods told investors that “recent events” have clarified the direction for oil and gas producers.  New investments…

May 2, 2022
Golden Pass LNG Said ‘on Schedule’ for 2024 Start-Up

Golden Pass LNG Said ‘on Schedule’ for 2024 Start-Up

Construction on the Golden Pass liquefied natural gas (LNG) export project in Texas is progressing, with the facility on track to come online in 2024, according to ExxonMobil. ExxonMobil Qatar President Dominic Genetti said recently there are currently about 4,000 people at the worksite for the three-train, 16 million metric tons/year (mmty) facility. “I think…

September 9, 2021
Jordan Cove LNG Faces Another Setback as FERC Upholds Oregon Authority

Jordan Cove LNG Faces Another Setback as FERC Upholds Oregon Authority

FERC dealt a blow this week to the proposed Jordan Cove liquefied natural gas (LNG) export terminal by denying a petition filed last year by the sponsors to waive Oregon’s regulatory authority. Jordan Cove Energy Project LP and Pacific Connector Gas Pipeline LP had argued that the Oregon Department of Environmental Quality (ODEQ) far exceeded…

January 20, 2021
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
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