Golden Pass LNG has produced its first gas at one of the country’s biggest export terminals. (Reuters)
The $10B Texas facility is a joint venture between QatarEnergy (70%) and Exxon (30%). Construction on the plant started in 2019…and has since been dogged by delays, cost overruns, and contractor bankruptcy.
When fully online, it’ll be capable of producing 18M mT/year. Exxon says the plant will export its first cargo in Q2 this year.