QatarEnergy, ExxonMobil to independently market Golden Pass LNG; expansion project on schedule

LNG produced at the Golden Pass LNG Terminal in Sabine Pass, Texas will be independently marketed by QatarEnergy and ExxonMobil.

Under plans agreed on Thursday (27^th Oct), ExxonMobil will market 30% of the site’s volumes and QatarEnergy will market the remaining 70%.

ExxonMobil and QatarEnergy previously used the Ocean LNG joint venture to market Golden Pass volumes to customers.

Peter Clarke, Head of ExxonMobil’s LNG Business, said, “Independently marketing these Golden Pass volumes will generate increased value and flexibility across ExxonMobil’s growing global LNG portfolio.”