Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil has produced its first liquefied natural gas at its new facility in Texas, the company said on March 30, a major step toward bringing one of the largest U.S. export projects online.
The plant is expected to export its first cargo in the second quarter, Exxon said on Monday.
Once fully operational, Golden Pass will be able to produce 18 million metric tons per annum.
QatarEnergy holds a 70% stake in the project and Exxon owns 30%. Train 1, the initial production unit, will add 6 mtpa of new LNG capacity. Based on equity ownership, QatarEnergy will receive just over 4 mtpa while Exxon will receive just under 2 mtpa, the company said.
