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ExxonMobil and Qatar Petroleum have announced a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.
The US$10+ billion liquefaction project will have capacity to produce around 16 million tons of LNG per year. It will include three liquefaction trains, each approximately 5.2 million tons per year, as well as other associated utility systems, interconnections to the existing facility and the expansion of the facility’s storm protection levee system.
It will utilize existing infrastructure including five 155,000 m3 LNG storage tanks, two marine berths to accommodate the largest LNG carriers, and the existing 69-mile (111km) Golden Pass Pipeline system with access to U.S. markets.
Additionally, the project contemplates the addition of compressor stations to the existing pipeline to facilitate receipt and redelivery of 2.6 billion cubic feet per day of natural gas supply to the facility.
Engineering, procurement and construction contracts for the project have been awarded to a joint venture of Chiyoda International Corporation, McDermott International Inc. and Zachry Group.
The developers have also executed a 20-year firm transportation agreement with Enable Midstream Partners and secured pipeline capacity with the Natural Gas Pipeline Company of America (NGPL), which transports LNG from the Texas Permian Basin and Gulf of Mexico (southern USA) to the Chicago area (Midwestern region).
Construction will begin in the first quarter of 2019 and the facility is expected to start up in 2024.
Preliminary estimates by an independent study indicate the project could generate up to US$31 billion in U.S. economic gains and more than US$4.6 billion in direct federal, state and local tax revenues over the life of the project.
Working interests in the Golden Pass LNG export project are 70% Qatar Petroleum and 30% ExxonMobil.
Northern Indiana Public Service Company LLC (NIPSCO) has announced that it has signed development agreements for three wind projects in Indiana, a state located in the Midwestern region of the USA, with a combined installed capacity of 800 MW.
Read moreGoogle has announced that it has signed a power purchase agreement (PPA) with the Tennessee Valley Authority (TVA) for 413 MW solar power to be generated by several new photovoltaic power plants in the region, comprising 1.6 million solar panels.
Read moreScout Clean Energy has announced the closing of construction financing and tax equity commitments for the 300 MW Ranchero wind project, located in Crockett County, Texas, southern USA.
Read moreApex Clean Energy has announced the purchase of 442.5 MW of solar projects located across the eastern US state of Virginia from renewable energy developer SolUnesco.
Read moreEnergias de Portugal S.A. (EDP) has announced that EDP Renováveis, S.A. (EDPR), 82.6% controlled by EDP, has closed an agreement to sell an 80% equity shareholding in a portfolio of fully-owned wind onshore assets in the United States and Canada to Axium Infrastructure.
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