Golden Pass Liquefaction Project Sanctioned

WASHINGTON — Feb. 5, 2019 —The Golden Pass LNG (liquefied natural gas) export project to be built on the Texas side of the Sabine-Neches Waterway south of Port Arthur reached a “final investment decision (FID)” today in a ceremony witnessed by U.S. Energy Secretary Rick Perry and Qatar Minister of State for Energy Affairs, H.E. Saad Al-Kaabi. (Minister Al-Kaabi is also the President & CEO of Qatar Petroleum.)

Fred H. Hutchison, President & CEO of LNG Allies, issued the following statement:

Today’s announcement that the Golden Pass LNG project will soon be under construction marks another landmark in the U.S. LNG export business. This is the first major LNG export project to be developed in the United States since late 2014, and represents the first of several exciting LNG milestones expected in 2019. LNG Allies congratulates the Golden Pass LNG partners—ExxonMobil and Qatar Petroleum—and looks forward to the thousands of U.S. jobs that the project will support in the coming years and to the tremendous U.S. and global economic and environmental benefits that will arise when LNG from the facility begins shipping.