FERC Grants Golden Pass LNG 7-Year Extension to Complete Construction
Posted on Dec 13, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Grants Golden Pass LNG 7-Year Extension to Complete Construction
FERC has issued an order granting Golden Pass LNG Terminal LLC (“Golden Pass”) an extension of time, from December 21, 2019 to November 30, 2026, to complete the construction of its proposed liquefaction and LNG export terminal in Jefferson County, Texas, and make it available for service. In its extension request, Golden Pass stated that “due to delays in obtaining the necessary authorizations both from the Commission as well as the DOE [Office of Fossil Energy], and the resulting uncertainty,” additional time was needed “to enable Golden Pass LNG to enter into the necessary commercial arrangements to commence construction.” Qatar Petroleum owns 70 percent of the Golden Pass LNG project and ExxonMobil owns 30 percent.