Qatar’s greenlighting of the Golden Pass LNG export terminal sets it up to capitalize on surging shale-fueled US gas output.

Qatar Petroleum and ExxonMobil on 5 February took the long-awaited final investment decision (FID) on Texas’ Golden Pass LNG export project. Initially constructed as an LNG import terminal, the US shale revolution forced a rethink and now the partners (QP 70%op, ExxonMobil 30%) are set to deliver 16mn t/y of US LNG to international markets from 2024.

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