US gives golden pass to Texan LNG exports

The US Department of Energy (DoE) has authorised a liquified natural gas (LNG) firm to export its product worldwide. Golden Pass will now be able to export domestically produced LNG […]

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By Jonny Bairstow

The US Department of Energy (DoE) has authorised a liquified natural gas (LNG) firm to export its product worldwide.

Golden Pass will now be able to export domestically produced LNG to countries that do not have a free trade agreement (FTA) in place with the US.

The company, which is jointly owned by Qatar Petroleum (70%) and ExxonMobil (30%), is authorised to export up to 2.21 billion cubic feet (bcf/d) of the fuel per day from its terminal in Jefferson County, Texas.

The DoE has signed off on a total of 19.2 bcf/d of natural gas exports to non-FTA countries from planned facilities in Texas, Louisiana, Florida, Georgia and Maryland.

If completed and put into operation, these projects would position the US to be the dominant LNG exporter in the world.

US Secretary of Energy Rick Perry said: “This announcement is another example of President Trump’s leadership in making the United States an energy dominant force.

“This is not only good for our economy and American jobs but also assists other countries with their energy security.”

Natural gas is due to be the largest source of electricity generation in the US this summer.

Rick Perry reportedly wants Donald Trump to stay in the Paris climate accord but renegotiate it.