Golden Pass receives LNG export approval
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
The US Department of Energy (DOE) has authorised Golden Pass Products LLC to export up to 2.21 billion ft3/d of domestically produced LNG to countries that do not have a free trade agreement (FTA) with the US.
Golden Pass will export the LNG from its Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas, US.
US Secretary of Energy, Rick Perry, said: “This announcement is another example of President Trump’s leadership in making the United States an energy dominant force. This is not only good for our economy and American jobs but also assists other countries with their energy security.”
Golden Pass estimates the construction of its facility will provide 45 000 direct and indirect jobs over five years, and the project will provide 3800 direct and indirect permanent jobs over the next 25 years of operational activity.
The Energy Department conducted an extensive review of the Golden Pass application, considering the economic, energy security, and environmental impacts, including macroeconomic studies that showed positive benefits to the US economy in scenarios with LNG exports up to 28 billion ft3/d. The Department determined that exports from Golden Pass, jointly owned by Qatar Petroleum (70%) and ExxonMobil (30%), for a period of 20 years, was not inconsistent with the public interest.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/26042017/golden-pass-receives-lng-export-approval/
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