Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



ExxonMobil, Qatar sign pact for Texas LNG exports

05.10.2013  | 

This arrangement establishes a commercial framework to sell up to the full 15.6 million tpy output of the Golden Pass liquefaction project, and provide shipping and sales opportunities to existing and new markets, including leveraging the sponsors’ long-term arrangements for international imports.

Keywords:

Qatar Petroleum and ExxonMobil have signed a commercial framework agreement for the proposed liquefaction project at the world-class Golden Pass LNG terminal facility in Sabine Pass, Texas, the companies said on Friday.

The deal establishes a commercial framework to sell up to the full 15.6 million tpy output of the Golden Pass liquefaction project, and provide shipping and sales opportunities to existing and new markets, including leveraging the sponsors’ long-term arrangements for international imports via the UK's South Hook facility.

Golden Pass shareholders and their joint ventures are world leaders in the LNG business with operational LNG expertise, financial capabilities, access to shipping fleets, large-scale regasification facilities and a diverse global customer portfolio, according to project officials.

“This agreement sets out a highly competitive commercial blueprint for Golden Pass Products, with a commitment that builds on the unique combined strengths of QP and ExxonMobil throughout the global downstream LNG value chain,” said Bill Collins, president of Golden Pass Products.

Golden Pass Products would invest approximately $10 billion to build the liquefaction facility in Sabine Pass, Texas, and would create about 45,000 direct and indirect jobs across the US during the construction phase.

Golden Pass Products has received US Department of Energy (DOE) authorization for exports to free-trade agreement (FTA) countries, and is awaiting DOE approval to export to non-FTA countries.

In addition, Golden Pass Products is advancing preparations for the Federal Energy Regulatory Commission (FERC) permitting process and said it anticipates pre-filing soon.



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Keith E Bowers
05.15.2013

It looks like the 'Golden Triangle' of Beaumont-Port Arthur-Orange will be busy build LNG facilities and infrastructure for a number of LNG facilities at Sabine Pass. There is One road to Sabin Pass-- a light to moderate duty 2 lane blacktop. Seems to me an awful lot of capital plant is going to be exposed to hurricane impacts in that area.

J. Adriaan Venter
05.10.2013

TO WHOM IT MAY CONCERN
I am a proficient, energetic and healthy HSES Manager, with more than 35 years experience in majorly Oil & Gas, LNG, GTL, Civil and high rise structures construction. I am a strong team player who enjoys and like working with people, leading from the front to inspire and motivate all echelons of management and workers alike to “Buy In” and adopt a Vision, Mission and Objectives to successfully achieve excellence in “SAFETY BEYOND COMPLIANCE”.

I’ve worked for 27 years in the biggest Oil & Gas GTL and Petrochemical Plant in South Africa of which the last 17 years were in the capacity as HSES Manager & Process Risk Superintendent position. Thereafter I was employed as HSES Manager by “Blue Chip” International companies on mega construction projects, i.e. constructing high rise buildings, mega size earthworks and civil projects, Oil & Gas, LNG, GTL, Ethylene, Fertilizer, and Aluminium process plants. As my proficiency in HSSE Management was majorly attained in the Oil & Gas, Petrochemical, LNG, and Gas to Liquid (GTL), Heavy Industry, my proficiency as HSES Manager was further enhanced on Mega Earthworks and Civil Construction.
-I am proficient with regards to the development of all aspects of HSES SP/SD Management, including Process Risk Management and Loss Control Management which also encompass Emergency-, Disaster & Restoration Management; Hazop / Hazan / Hazid / Executive Problem Solving/Prioritization and Decision Making; Failure Mode and Effect; Tripod Beta Accident/Incident Investigation; S.A.F.E.; Life Criticals; Incident and Injury Free Principals. I am also proficient in, and have a hands-on practical experience of all types of Risk assessment and modelling pertaining to Fire, Explosion and Gas Cloud formation and the practical handling thereof which also includes Fire Risk assessment and modelling for safe installations pertaining to Oil & Gas / Petrochemical plants, High Pressure and mega size petroleum storage tanks, pump stations and pipeline facilities, etc.

I have managed personnel of diverse nationalities, creeds, religious believes and cultures in African Countries, Saudi Arabia, Azerbaijan/Russians, Mozambique’s, South Africans itself, and now in Qatar, which enhanced my proficiency pertaining to effective management of personnel.

Teamwork and working individually, is equally important, and I am proficient to manage both job roles effectively and successfully. I also gained excellent experience and have a good understanding of most international management cultures, and International Legislation, standards and by-laws.
- As HSES Manager at various Government / Client, PMC and EPCM Projects I successfully managed contractors and sub-contractors in a team effort to prevent and minimize the severity of incidents and accidents.

During a recent in-depth mandatory medical check it was found that my health is excellent.

Working in Azerbaijan and living in Kaspiysk, Dagestan in the Russia

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


66%

34%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.