LNG

QP ready to take FID on Golden Pass LNG in next few months

Qatar Petroleum s ready to take an FID on the expansion of the Golden Pass LNG terminal in Texas in the next few months, the company's CEO has said.
By Staff reporter 9 October 2018 0 32844

Qatar Petroleum (QP), together with its United States-based partners ExxonMobil and ConocoPhillips, is ready to take an FID on the expansion of the Golden Pass LNG terminal in Texas in the next few months, Saad al-Kaabi, QP’s president and chief executive, told journalists on the sidelines of the Oil & Money conference in London on Tuesday.

QP owns a 70% stake in Golden Pass, while Exxon and Conoco hold 17.6% and 12.4% stakes respectively. The expansion project, which will take...