Golden Pass LNG terminal faces delays


The opening of the Golden Pass LNG terminal in the US is reportedly likely be delayed by hurricane damage, while Britain’s South Hook LNG terminal now looks set to open in early 2009, an executive from ExxonMobil indicated recently.

While it is known that hurricane damage sustained earlier this year is likely to entail setbacks, the extent of this is still largely uncertain and it cannot yet be clarified whether this will push start-up of the Golden Pass terminal into 2010.

The Golden Pass terminal near Sabine Pass is expected to be 70% owned by Qatar Petroleum, with ExxonMobil and ConocoPhillips each owning a share of the rest, according to the terminal website.

LNG for the terminal in Texas is expected to come mainly from Qatar’s Ras Laffan 3 and Qatargas 3 projects, though a report from Reuters suggests delays to its opening are likely.

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