QatarEnergy has celebrated the first LNG export cargo from the Golden Pass LNG project in Sabine Pass, Texas, in the US– a joint venture between QatarEnergy and ExxonMobil.
Marking an important
step towards the project’s commencement of full commercial and export
operations, the project’s historic LNG cargo was safely and successfully loaded
onboard QatarEnergy’s Al-Qaiyyah LNG carrier, recently built in Korea with a capacity of 174,000 cubic meters.
Saad Al-Kaabi, the
Minister of State for Energy Affairs, the President and CEO of QatarEnergy,
said: “This is a significant industry milestone that marks a new chapter in
QatarEnergy’s global efforts to meet rising LNG demand and ensure reliable
supplies to international markets.”
Minister Al-Kaabi
added: “The Golden Pass LNG project is one of the single largest investment
decisions in the history of the US LNG sector, affirming QatarEnergy’s position
and reputation as a reliable provider and a trusted partner of choice that
drives growth and development around the world.”
“I would like to thank
the relevant U.S. authorities and regulators for their cooperation on this key
project. We are also grateful for the strong commitment of the QatarEnergy and
Golden Pass LNG teams in delivering this important energy project, as well as
the invaluable role played by our strategic partner, ExxonMobil,” Minister
Al-Kaabi concluded.
Golden Pass LNG is a
partnership between QatarEnergy (70 per cent) and ExxonMobil (30 per cent). The
two partners had announced their final investment decision of more than $10
billion for developing the Golden Pass LNG project in February 2019.
70 per cent of the
project’s 18 million tons per annum of LNG production capacity will be offtaken
by QatarEnergy Trading, QatarEnergy’s wholly owned LNG trading entity.
The commencement of
LNG offtake from Golden Pass LNG will complement QatarEnergy Trading’s global
LNG portfolio and support the growth of its business.
Golden Pass LNG has
achieved sustained liquefaction operations and first LNG production from the
first of three LNG trains on March 30, 2026. -OGN/TradeArabia News Service