Exxon LNG project with Qatar Petroleum moves aheadDavid Wagman | February 05, 2019
ExxonMobil and Qatar Petroleum said they will move ahead with development of the Golden Pass LNG export project located in Sabine Pass, Texas.
Construction on the $10 billion liquefaction project is expected to begin in the first quarter of 2019 and the facility is expected to start up in 2024.
The project is planned to produce around 16 million tons of liquefied natural gas (LNG) per year. It is expected to create about 200 permanent jobs during operation.
McDermott International, Chiyoda International Corp. and Zachry Group were awarded the contract to build the export project. The trie will perform engineering, procurement, construction and commissioning of three approximately 5.2 million ton per annum (MTPA) LNG trains.
Golden Pass is part of ExxonMobil’s plan to invest more than $50 billion over the next five years to build and expand manufacturing facilities in the U.S.
Working interests in the Golden Pass LNG export project are 70% Qatar Petroleum and 30% ExxonMobil. Qatar Petroleum already works with ExxonMobil in exploration and development activities in Argentina, Brazil and Mozambique.
(This story was updated February 6 to include the EPC contract award.)