Golden Pass LNG Terminal Announces 1st Cargo for Commissioning

PORT ARTHUR, Texas, Sept. 28 /PRNewswire-USNewswire/ - The Golden Pass LNG terminal announced today that the first cargo to be used for commissioning the facilities is anticipated to arrive during October 2010. This  terminal  is a  joint  venture  owned  70%  by  Qatar Petroleum International  (QPI),  the  international  arm  of  Qatar  Petroleum (QP), and the remaining by ExxonMobil and ConocoPhillips.

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The cargo will be shipped from the Port of Ras Laffan in Qatar aboard a Q-Flex LNG tanker,

currently one of the largest LNG carriers in the world.  

"The  Golden  Pass  LNG  terminal  is an important investment  for  Qatar  Petroleum International  in  the  USA.  This  terminal will  further  expand Qatar's global reach and provide a diverse and secure energy  supply  for  the  U.S.  market," said  Qatar  Deputy Premier, Minister of  Energy and Industry Chairman  and  Managing Director of Qatar Petroleum.

"The commissioning  LNG  cargo will mark another notable milestone in Qatar's world-leading  LNG  business,"  said  Saad  Sherida  Al‐Kaabi,  Director  of  Qatar  Petroleum's  Oil  and Gas Ventures and Chairman of Golden Pass LNG.  

"Golden  Pass  LNG  is  looking  forward  to  the  commencement  of  terminal  operations. The dedication of many employees and contractors has contributed to the development of this world-class facility," said Raymond Jones, President, Golden Pass LNG.

The Golden Pass LNG terminal includes two berths for unloading double-hulled LNG ships; five LNG storage tanks with capacities of 155,000 cubic meters each; vaporization equipment to warm the LNG to its natural gas state; and pipeline facilities and equipment to transport the natural gas from the terminal to customers.  

The  Golden  Pass  LNG  terminal  will  have  the  capacity  to  deliver  the  equivalent  of  2  billion cubic  feet  per  day  of  natural  gas  when  it  reaches  full  operation. This  represents  enough natural gas to meet the average daily needs of about 10 million U.S. households.

Clean-burning  natural  gas also has  the  potential  to  meet  a  growing  share  of  electricity generating  needs  in  coming  decades.  U.S.  natural  gas  demand  is  expected  to  increase  by over 20 percent in the next 20 years.  

SOURCE Golden Pass LNG