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QatarEnergy progresses construction work on $10 billion LNG export facility

QatarEnergy and its partner ExxonMobil are making progress on the construction of their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas, to launch the facility in 2024.

Once complete, the giant facility located next to the existing LNG import terminal in Sabine Pass will have three trains and a total liquefaction capacity of more than 18 mtpa.

State-owned QatarEnergy owns a 70% stake in the project while US oil giant ExxonMobil has a 30% share.

QatarEnergy’s trading unit will offtake 70% of the Golden Pass LNG supplies and ExxonMobil will take the rest as part of a deal the two firms revealed in October last year.

A joint venture of Chiyoda, McDermott, and Zachry is building the LNG export facility, which has progressed installation of piping and steel in process areas and has continued walls and piping installation for the ground flares.

During December, concrete foundation pours continued in Train 2 and Train 3 and the project has also started LNG tanks top modifications scope.

Golden Pass plans to launch the first train in the first quarter of 2024, the second train in the third quarter of 2024, and the third train in the first quarter of 2025.