ExxonMobil proposes $600 Million Texas LNG project
Posted: 22 November 2003
An Exxon Mobil Corporation affiliate, Golden Pass LNG Terminal
LP, announced plans to develop a $600 million Liquefied Natural
Gas (LNG) receiving terminal near Sabine Pass, Texas.
The proposed project, to be located in Jefferson County, Texas,
about 10 miles south of Port Arthur, was announced today at an event
attended by Texas Governor Rick Perry, Consul General of the State
of Qatar Mohamed Al-Hayki, local business and government officials
and representatives of ExxonMobil.
The terminal, which will process imported LNG for distribution
throughout Texas and the United States, should take about three
years to build and involve employment for some 600 workers during
peak construction. The facility is expected to be operational in
the 2008/09 timeframe, with an initial processing capacity of 1
billion cubic feet per day (bcfd) of LNG. The plant will be designed
for an expansion to 2 bcfd throughput in the future.
ExxonMobil initiated the permitting process this week with the
Federal Energy Regulatory Commission, an undertaking involving numerous
engineering design, safety, environmental and other studies that
typically lasts about 18 months.
"Secure supplies of natural gas are critical to the continued
strong economic growth of Texas and the United States," said
Governor Rick Perry speaking at today's event. "This project
will provide jobs and other economic benefits to Sabine Pass and
Southeast Texas, and bring long-term supplies of natural gas for
our industries, power plants and homes. We support ExxonMobil's
efforts to bring this important project to Texas."
Stuart McGill, president of ExxonMobil Production Company, said,
"We are taking another important step in our plans to develop
LNG receiving terminals on the U.S. Gulf Coast. There is strong
growth in natural gas demand projected in the future and the import
of LNG will be an important component of the supply mix. We appreciate
the commitment of Governor Perry, Jefferson County Judge Carl Griffith,
Port Arthur Mayor Ortiz and other state, local and civic leaders
who are working with us to bring this LNG project to Sabine Pass.
This project will help support economic development in Southeast
Texas and the U.S."
In October, Exxon Mobil Corporation and Qatar Petroleum announced
a Heads of Agreement to supply 15.6 million tons a year of LNG (2
bcfd) from Qatar to the United States for an expected period of
25 years. ExxonMobil holds purchase options for potential LNG import
sites in Corpus Christi, Texas, and Mobile Bay, Alabama. The company
is also evaluating possible sites for an offshore terminal in the
Gulf of Mexico.
For more information see www.exxonmobil.com.
Posted by Richard Price,
Editor Pipeline Magazine
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