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FID for Golden Pass LNG Export Project Made
= Operations to be started in 2024, Chiyoda Corporation etc. to do EPC =
US ExxonMobil announced on 5th local time it and Qatar Petroleum (QP) have made a final investment decision (FID) for the Golden Pass LNG production and export project. Investing about US$10 billion, they are constructing a gas liquefaction plant with a capacity of 15.6-mtpa in the Golden Pass LNG Terminal now operating as an import terminal in order to start LNG export from 2024.

The Golden Pass terminal was started in 2011 as an import facility, but LNG imports have stopped since June, 2011 as shale gas development has been increasing in the US since then and the country's gas supply-demand balance changed. They are planning to use the terminal as production facility as well as import by building three 5.2-mtpa LNG trains and related facilities.

The project is operated by Golden Pass Products (GPP) invested 30% by ExxonMobil and 70% by QP. The joint venture obtained construction permission from the Federal Energy Regulatory Commission (FERC) in December 2016 and a 2.21 Bcf-per-day (about 15.6 million mt) LNG export permission from the Department of Energy (DOE) in April 2017.

On 6th this month, Japan's Chiyoda Corporation announced it has received the order of Engineering, Procurement and Construction (EPC) jointly with its US-based wholly-owned subsidiary Zachry Group and McDermott from GPP. The Japanese company mainly serves engineering and procurement works that are no risks related to construction delay etc.

Construction is started in the first quarter of 2019 and the first LNG exports are planned in 2024. In the US, three terminals, Sabine Pass, Cove Point and Corpus Christi, already commenced LNG exports and additional three projects in Elba Island, Free Port and Cameron are progressing construction.
last modified : Thu 14 Feb, 2019 [10:10]
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