- Golden Pass LNG export project receives DOE authorization for increased capacity to non-FTA countries (April 27, 2022)
- Golden Pass LNG Hurricane Laura update (10:00 am CDT, Thursday, August 27, 2020)
- Golden Pass Prepares for August Storms
- Golden Pass LNG signs gas supply agreements
- U.S. Department of Energy issues NFTA authorization for Golden Pass Products
- Golden Pass Products Issues Invitation to Tender
Golden Pass LNG Hurricane Laura update (10:00 am CDT, Thursday, August 27, 2020)
An initial assessment of the Golden Pass LNG site near Sabine Pass, Texas revealed no significant storm-related impacts. Most importantly, all Golden Pass personnel and support staff are safe and accounted for. There were no environmental releases or significant asset damage at the construction site.
We are conducting more thorough safety assessments of the site and pipeline and are planning to resume construction activities pending the outcome of those assessments.
We are working closely with local emergency response officials and providing support as requested for our neighbors and community. We are thankful for our positive status and send our thoughts and prayers to those more significantly impacted by the storm.
Golden Pass Prepares for August Storms
Safety is a core value at Golden Pass and that a means we touch safety on many fronts. As you are aware, we are an active construction site, so our hurricane preparation actions are falling into three broad buckets: planning, limiting personnel and securing the site.
Planning: We are holding twice daily incident management team meetings reviewing storm status, going through or response checklists, and reviewing near term plans. We are fully aligned with Golden Pass and our Engineering, Procurement and Construction contractor CCZJV (Chiyoda, McDermott and Zachry) leadership.
Limiting personnel: We have been communicating internally detailing instructions for the week ahead. We have a skeleton crew of essential personnel on site today completing storm preparation. We’ve updated our plans since the evacuation order this morning (Tuesday). We are not going to have anyone on site during the storm, so everyone is being sent home. We are planning to close the site on Tuesday and Wednesday (and possibly Thursday depending on Hurricane Laura’s impact). Since the storm’s impact is yet to be determined, we can’t estimate the post-event response yet.
Securing the site: We have conducted a series of actions to secure the site, including: clearing barges from the off-loading facility, lowering all of the piling rigs, closing all openings in the levee to ensure full enclosure around the site and preparing the shoreline protection by adding rock armoring.
Golden Pass LNG signs gas supply agreements
Golden Pass LNG is pleased to confirm the signing of long-term and short-term natural gas supply agreements to support the LNG export facility that is currently under construction in Sabine Pass, Texas and scheduled to be operational in 2024. The long-term agreement with Williams Energy Resources, LLC was filed with the US Department of Energy in mid-May. While the terms of the agreements are confidential due to commercial sensitivity, they represent the first steps in the development of a 2.6 BCFD natural gas portfolio to supply the Golden Pass LNG export terminal. Once operational, the terminal will be one of the largest buyers of natural gas in the United States.
The Golden Pass LNG commercial team is actively engaged in negotiating and securing long-term natural gas supply agreements for the LNG manufacturing and export facility. Golden Pass’ supply requirements create immense opportunity to enhance U.S. energy infrastructure and strengthen domestic gas production in the U.S.
Golden Pass has also executed contracts for firm transportation service for about half of its needed supply and is evaluating additional supply pipeline opportunities in order to meet its full anticipated demand needs of up to 2.6 BCFD.
What are the terms of the long-term supply agreements?
Due to the commercial sensitivity of these agreements, the terms of the agreements are confidential.
Are you still buying gas? How much will you eventually buy?
These are the first steps in a marathon to complete agreements for 2.6 bcf/d of long-term natural gas supply to support our LNG export facility.
I understood that you were buying gas only from suppliers affiliated with your shareholders, ExxonMobil and Qatar Petroleum. Is that the case?
No, Golden Pass will be buying gas from a wide range of quality partners.
Golden Pass Products Issues Invitation to Tender
In May 2016, Golden Pass Products issued invitations to prospective EPC contractors to tender bids for the proposed 15.6 MTA LNG liquefaction expansion project in Sabine Pass, Texas.
This is a significant milestone in the progression of the GPP project.