Doha – Mubasher: Golden Pass Products (GPP) has been authorised by the US Department of Energy to export liquefied natural gas (LNG) to countries of the Niagara Frontier Transportation Authority (NFTA), Qatar Petroleum (QP) announced.
GPP, which is developing the LNG export project, is owned by affiliates of QP and ExxonMobil.
“This approval marks an important milestone for the project and sets the stage to help [achieve] the world’s growing need for clean energy,” QP president and CEO Saad Sherida Al-Kaabi said.
"Today’s announcement paves the way for further progress in the Golden Pass export project towards a final investment decision in 2018,” Al-Kaabi added.
The GPP LNG Terminal is a liquefied natural gas receiving terminal and regasification facility located in Sabine Pass, Texas. The terminal is among the largest LNG facilities in the world, which can accommodate up to 15.6 million metric tonnes of LNG per year (approximately 2 billion cubic feet of natural gas per day).
The GPP export project involves the construction of three LNG production trains with a total capacity of about 15 million metric tonnes of LNG per annum at a competitive cost, utilising existing infrastructure (such as LNG storage tanks) that are part of the receiving terminal.
