The Qatar Petroleum and ExxonMobil-led Golden Pass import terminal has become the latest in the US to confirm that it is applying to add export capacity to its skill set.
There is no clearer writing on the wall for the US gas market than the fact the world’s biggest LNG producer is willing to look at exports from what was originally seen as a key outlet for its own cargoes.
Fortunately, perhaps, it also signifies that Qatar is sufficiently confident about global LNG market prospects that it is not worrying over-much about competition from its own nascent export facility on foreign shores.
LNG participants may also be able to draw on recent US emissions data to reinforce the case for an increased role...