Golden Pass LNG begins exports from Sabine Pass terminal [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
The joint venture, owned by QatarEnergy and ExxonMobil, reported that the cargo was safely loaded and had departed from the facility, which is designed to have a capacity of approximately 18.1 million tons per annum (mtpa). Shipping data indicated that the vessel, the Al Qa'iyyahal , had left the terminal, although the destination of the inaugural shipment was unspecified. Reuters reported that the shipment was likely heading to Italy to address shortfalls in contracted LNG deliveries due to the US-Israeli war with Iran. Golden Pass president and CEO Alex Savva said: “Today's first LNG export cargo is a defining moment for Golden Pass, our workforce, the community and the nation. As we advance toward full commercial operations, we are proud to have commenced supplying reliable US LNG to the global market. “I want to take this opportunity to thank the employees, contractors, regulators, community members, QatarEnergy and ExxonMobil for their role and support in delivering this
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