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Markets & Forecasts

Golden Pass to be a conduit for US LNG into Europe

Golden Pass, an FID on which was taken in early February, will be Qatar Petroleum’s strategic project to serve the European LNG market while freeing up more Ras Laffan volumes for key Asian customers Golden Pass, an FID on which was taken in early February, will be Qatar Petroleum’s strategic project to serve the European LNG market while freeing up more Ras Laffan volumes for key Asian customers.
By Abhishek Kumar 7 February 2019 Americas / LNG 0 33918
Italy's Rovigo LNG terminal could receive volumes from Golden Pass. (Edison)

Directional impact on forecast:
Upbeat for US LNG exports to Europe

The FID taken on the Golden Pass LNG project in early February is a crucial move in Qatar Petroleum’s (QP’s) plan to remain a reliable and dominant LNG supplier in the medium-to-long term. Golden Pass will allow QP and ExxonMobil – the project’s two stakeholders – to serve the European LNG market and thereby free up more volumes for the Asian market from Qatar’s Ras Laffan plant. This will go hand in...