Golden Pass is a partnership of leading energy companies with a successful record of producing, shipping and marketing natural gas globally. Project shareholders include affiliates of QatarEnergy (70%) and ExxonMobil (30%). Golden Pass includes three specific businesses located in Texas – an existing LNG import facility, an existing pipeline system and an expansion of our current facilities that will allow Golden Pass to export LNG. The Golden Pass LNG import terminal and pipeline were completed and became operational in 2010.

The Golden Pass LNG export project creates an opportunity to adapt existing energy infrastructure to meet global market demands, capturing benefits in the United States through jobs and investment and delivering an abundant energy resource to our trade partners. The project involves the construction of natural gas liquefaction and export facilities at the existing Golden Pass LNG terminal in Sabine Pass, Texas. The Golden Pass expansion project would utilize the existing state-of-the-art tanks, berths and pipeline infrastructure, and add new facilities for natural gas pre-treatment and liquefaction. The new project’s estimated send-out capacity would be around 18 million tons of liquefied natural gas per year. This expansion would allow Golden Pass the flexibility to import and export natural gas.

The project would be an approximately $10 billion investment on the Gulf Coast, generating billions of dollars of economic growth at local, state and national levels and millions of dollars in taxes to local, state and federal governments. According to a study performed by The Perryman Group, Golden Pass LNG’s investment could generate approximately $34 billion in U.S. economic gains (gross product) and $5 billion in taxes for the U.S at local, state and national levels.

Yes, the facility is an expansion of Golden Pass LNG’s existing infrastructure. It will sit adjacent to, and be connected with, the existing terminal, and it will utilize the existing tanks, berths and pipeline infrastructure. The expansion project will leverage the existing industrial footprint, minimizing environmental and community effects.

The project would be an approximately $10 billion investment in infrastructure on the Gulf Coast, which would generate billions of dollars of economic growth at local, state and national levels and millions of dollars in taxes to local, state and federal governments.
According to a study by The Perryman Group, Golden Pass’s investment could generate approximately $31 billion in U.S. economic gains (gross product) at local, state and national levels over the life of the project.

Golden Pass anticipates the project would support approximately 19,000 direct construction jobs over a five-year construction period, with peak construction employment reaching about 7,000 jobs.

Natural gas is converted to LNG by cooling it to -260° Fahrenheit, at which point it becomes a liquid. This process reduces the volume of natural gas by a factor of more than 600 times. This allows natural gas to be transported efficiently.

The proposed project required numerous federal, state and local permits before construction and operation could begin. Federal permits must be obtained from the Department of Energy and the Federal Energy Regulatory Commission. DOE permits are required for export shipments and under the Natural Gas Act. FERC has the final authority to approve the siting of facilities for import or export of natural gas.

Golden Pass is authorized by FERC and the DOE to export to nations that have Free Trade Agreements with the United States and Non-Free Trade Agreement countries.

Once operational, Golden Pass will be one of the largest buyers of natural gas in the United States. The company is focused on securing supply agreements to meet its anticipated demand needs of about 2.5 billion cubic feet per day. Additionally, Golden Pass has already executed contracts for firm transportation service for more than half of its needed supply and is evaluating additional supply pipeline transportation opportunities.

These are the first steps in a marathon to complete agreements for 2.5 bcf/d of long-term natural gas supply to support our LNG export facility.

No, Golden Pass buys natural gas from a wide-range of quality partners.