Golden Pass is a partnership of leading energy companies with a successful record of producing, shipping and marketing natural gas globally. Golden Pass includes three specific businesses located in Texas – an existing LNG import facility, an existing pipeline system and an expansion of our current facilities that will allow Golden Pass to export LNG. The Golden Pass LNG import terminal and pipeline were completed and became operational in 2010.
The Golden Pass LNG export project creates an opportunity to adapt existing energy infrastructure to meet global market demands, capturing benefits in the United States through jobs and investment and delivering an abundant energy resource to our trade partners. The project involves construction of natural gas liquefaction and export facilities at the existing Golden Pass LNG terminal in Sabine Pass, Texas. The Golden Pass expansion project would utilize the existing state-of-the-art tanks, berths and pipeline infrastructure, and add new facilities for natural gas pre-treatment and liquefaction. The new project’s estimated send-out capacity would be around 16 million tons of liquefied natural gas per year. This expansion would allow Golden Pass the flexibility to import and export natural gas.
The project would be an approximately $10 billion investment on the Gulf Coast, generating billions of dollars of economic growth at local, state and national levels and millions of dollars in taxes to local, state and federal governments. According to a study performed by The Perryman Group, Golden Pass LNG’s investment could generate approximately $31 billion in U.S. economic gains (gross product) and $4.6 billion in taxes for the U.S at local, state and national levels.
Project shareholders include affiliates of Qatar Petroleum (70%) and ExxonMobil (30%).
The expanded facility’s estimated send-out capacity would be around 16 million tons of LNG per year.
Yes, the facility is an expansion of Golden Pass LNG’s existing infrastructure. It will sit adjacent to, and be connected with, the existing terminal, and it will utilize the existing tanks, berths and pipeline infrastructure. The expansion project will leverage the existing industrial footprint, minimizing environmental and community effects.
Yes, the terminal will maintain its existing import infrastructure.
The proposed project required numerous federal, state and local permits before construction and operation could begin. Federal permits must be obtained from the Department of Energy and the Federal Energy Regulatory Commission. DOE permits are required for export shipments and under the Natural Gas Act. FERC has the final authority to approve the siting of facilities for import or export of natural gas.
Golden Pass is authorized by FERC and the DOE to export to nations that have Free Trade Agreements with the United States and Non-Free Trade Agreement countries.
Construction of the export infrastructure facility is projected to take approximately five years to complete.
Golden Pass anticipates the project would support approximately 9,000 direct construction jobs over a five-year construction period, with peak construction employment reaching about 3,000 jobs. Additionally, according to a study by The Perryman Group, the project would create the equivalent of about 45,000 direct and indirect jobs across the country during the construction phase.
Golden Pass will begin initial hiring activities for permanent positions in 2019 and will ramp up every year through 2023. The majority of our permanent hires are projected to occur between 2021 and 2023. We will publish additional details about the hiring process, timelines and open positions on our Work with Golden Pass page.
The project would be an approximately $10 billion investment in infrastructure on the Gulf Coast, which would generate billions of dollars of economic growth at local, state and national levels and millions of dollars in taxes to local, state and federal governments.
According to a study by The Perryman Group, Golden Pass’s investment could generate approximately $31 billion in U.S. economic gains (gross product) at local, state and national levels over the life of the project.
The natural gas would come from domestic sources.
Golden Pass has received approval from the U.S. Department of Energy to export LNG to countries with Free Trade Agreements (FTAs) and non-Free Trade Agreements (nFTA) with the United States.
A free trade agreement is an agreement between countries that eliminates tariffs, import quotas and preferences on most goods traded between them. Trade agreements reduce barriers to U.S. exports, protect U.S. interests and enhance the rule of law in the FTA partner country. The reduction of trade barriers and the creation of a more stable and transparent trading and investment environment make it easier and cheaper for U.S. companies to export their products and services to trading partner markets.
The U.S. has FTAs in force with Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, and Singapore. The United States is also in the process of negotiating a regional FTA, the Trans-Pacific Partnership, with Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.
All countries other than those listed as FTA countries, with the exception of those under economic sanctions by the U.S. Department of Treasury’s Office of Foreign Assets Control, fall under the non-FTA.
Natural gas is converted to LNG by cooling it to -260° Fahrenheit, at which point it becomes a liquid. This process reduces the volume of natural gas by a factor of more than 600 times. This allows natural gas to be transported efficiently.
Yes. LNG is the same natural gas we use in our daily lives – only liquefied so it can be transported efficiently. It is an odorless, non-toxic and non-corrosive liquid, and if spilled, LNG would not result in a slick. Absent an ignition source, LNG evaporates quickly and disperses, leaving no residue.