February 08, 2024 [Chem Analyst News]- Energy giants QatarEnergy and ExxonMobil are on track to commence LNG production at their Golden Pass LNG export terminal, situated on the US Gulf Coast near Sabine Pass, Texas, during the first half of 2025.
QatarEnergy, a state-owned entity, holds a substantial 70 percent stake in the Golden Pass project, which boasts a capacity exceeding 18 million metric tons per annum (mtpa). Notably, QatarEnergy will offload 70 percent of the terminal’s capacity. In parallel, ExxonMobil, a prominent US-based energy firm, possesses a 30 percent share in the venture.
A joint venture comprising Chiyoda, McDermott, and Zachry is overseeing the construction of the Golden Pass LNG export terminal. Valued at approximately $10 billion each, the project encompasses three trains and is situated adjacent to the existing LNG import terminal.
Significant progress has been made in various aspects of the project. Installation of piping and steel structures within the process and utilities zones, as well as modifications to flare walls, has advanced. Additionally, activities involving insulation of piping and vessels have continued, along with ongoing concrete foundation pours for Trains 2 and 3.
Further advancements include setting up various vessels on their designated foundations, as well as executing brownfield tie-ins for Trains 2 and 3, and modifications to LNG tank tops. Cable tray installations, cable pulling activities, and the pipe pneumatic/hydrostatic testing program have also seen progress.
Regarding the pipeline expansion project, Golden Pass has maintained civil activities and concrete foundation pours at the MP33 and MP69 compressor stations. Additionally, pipe fabrication and installation activities at these stations have been ongoing.
Construction efforts related to the Sabine Spur, Natural Gas Pipeline (NGPL) Interconnect improvements, and associated facilities have also continued. These developments signify the concerted efforts of QatarEnergy, ExxonMobil, and their collaborators toward achieving the successful and timely completion of the Golden Pass LNG export terminal.
ExxonMobil oversees a premier portfolio of resources and stands as one of the foremost integrated providers of fuels, lubricants, and chemicals on a global scale. Our operational model and organizational structure have evolved to optimize the advantages offered by our growingly integrated enterprise and worldwide renowned brands. Our operations span the globe, focusing on three primary businesses.
QatarEnergy, established through Emiri Decree No. 10 in 1974, operates as a state-owned public corporation overseeing all aspects of the oil and gas sector within the State of Qatar. The core operations of QatarEnergy, along with its subsidiaries and collaborative ventures, encompass exploration, production, and both local and international distribution of various petroleum products. These products include crude oil, natural gas, gas liquids, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, liquefied natural gas (LNG), steel, and aluminum. The company prioritizes transparency, innovation, and upholding high standards of quality and service across all its endeavors.
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