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Golden Pass LNG, Sabine Pass, Texas

STATUS:  Complete

TYPE: Natural Gas

OPPOSITION:   Local residents

PROSPECT:  Complete

BACKGROUND:  Golden Pass LNG is a liquefied natural gas (LNG) terminal jointly owned by affiliates of Qatar Petroleum, ExxonMobil, and ConocoPhillips.  The facility is capable of processing 2 billion cubic feet of natural gas per day.  It received its first permit in 2003 and received its first LNG shipment in October 2010.  The terminal cost $1 billion to construct and was expected to create 1,000 direct construction jobs.

Local residents, primarily those on nearby Pleasure Island, opposed the project, raising concerns about the safety of a gas storage facility located 1700 feet from their homes.  Golden Pass’s main delay, however, came from natural causes.  Damage from Hurricane Ike in 2008 forced the project to suspend construction for one year.  The project was originally expected to commence operations in 2009.  Despite a seven year journey from permit to operations, Golden Pass LNG has to be considered one of the few LNG success stories of recent years.

SOURCES:  Houston Business Journal (http://www.bizjournals.com/houston/stories/2006/08/07/story11.html);
Port Arthur News (http://panews.com/local/x847473509/Golden-Pass-LNG-receives-first-shipment);
BusinessWire (http://www.businesswire.com/news/home/20100928006096/en/Golden-Pass-LNG-Terminal-Announces-1st-Cargo);
Wall Street Journal (http://online.wsj.com/article/SB10001424052702304023804575566570816389914.html).   

LAST UPDATED:  December 1, 2010