Golden Pass files for Ferc permit

golden pass terminal

Permit filed: Golden Pass awaits US OK on LNG export terminal

ExxonMobil and Qatar Petroleum have applied through their jointly owned affiliate Golden Pass Products to build a new $10 billion gas liquefaction plant to ship liquefied natural gas out of the US through their existing LNG import terminal in Sabine Pass, Texas.

Golden Pass said on Monday that it has submitted a formal application with the Federal Energy Regulatory Commission (Ferc) to construct and operate the proposed LNG facility.

The project has received US Department of Energy authorisation for exports to Free Trade Agreement (FTA) countries and is awaiting DOE approval to export to non-FTA nations, the Houston-headquartered company added.

Golden Pass Products started the National Environmental Policy Act (Nepa) pre-filing process with Ferc in May 2013.

The Ferc permitting process will also include an environmental impact study and multiple agency regulatory reviews including opportunities for public comment.

A final investment decision is expected in 2015, after which Golden Pass Products plans to spend around $10 billion over five years to build the proposed facility.

According to Golden Pass, the project would create about 45,000 direct and indirect jobs across the US during the construction phase. 

During its 25-year operations phase, the project would generate about 3800 new jobs in the US including more than 200 permanent jobs at the site, the company said.

Golden Pass LNG president Eric Pletcher called the Ferc application a "key step toward making the project a reality".

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