QatarEnergy Trading to offtake 70% of Golden Pass LNG volumes
October 26, 2022
QatarEnergy and ExxonMobil agreed to independently offtake and market their respective proportionate equity shares of LNG produced by the Golden Pass LNG export project. QatarEnergy Trading will offtake, transport, and trade 70% of the volumes produced by Golden Pass LNG. The construction of the plant is underway with first LNG production expected by the end of 2024. Ocean LNG Limited, a QatarEnergy/ExxonMobil JV established in 2016 for the purpose of offtaking and marketing the entire production of Golden Pass LNG, has ceased operations.
Edited from QatarEnergy Press Release