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Subject:  LNG joint venture Date:  10/7/2012  3:34 AM
Author:  Hohum777 Number:  405460 of 539124

Qatar's Golden Pass Products LLC and ExxonMobil in a joint venture to export LNG from the US

The Energy Department permit will allow Golden Pass, owned 70 percent by state-run Qatar Petroleum International and 30 percent by ExxonMobil Corp., to export the chilled fuel to nations that have free-trade agreements with the U.S., according to a statement posted on the company’s website.
The partners will make a final decision about the proposed $10 billion export project after receiving regulatory approvals, the venture said. The investment would pay for liquefaction plants with 15.6 million metric tons of annual capacity to be added to the existing Golden Pass LNG import terminal in Texas.
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