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Golden Pass LNG Terminal LLC has been granted permission to re-export LNG from the facility as the facility prepares for start-up at the end of this year.
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The US Department of Energy has allowed Golden Pass to export a total of 50 billion cubic feet of previously imported LNG from foreign sources for two years starting from Oct. 1, according to the order published on the department’s website.
The Golden Pass LNG export terminal in Texas is nearing the start of operations. Exxon Mobil Corp., which is developing the facility with QatarEnergy, said earlier this month that it’s confident that mechanical completion will happen in December and first LNG will come “right at that point or shortly thereafter.”
The timing of the startup of the plant — one of the biggest facilities to come online that would open a wave of new LNG supply — is closely watched as the project previously faced delays.
The Department of Energy said that granting the requested authorization “would facilitate GPLNG’s start up of its export terminal and avail itself of spot-market LNG import cargoes.”
Under the terms of that authorization, Golden Pass may import the LNG at any receiving facility in the US. It would reside in storage tanks at the terminal and then would be either re-exported or regasified to be used as fuel.
— With assistance from Stephen Stapczynski
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