Golden Pass Products LLC, a joint venture of Exxon Mobil Corp and Qatar Petroleum, is seeking US authorities’ permission to export liquefied natural gas from a terminal near the Texas-Louisiana border. Qatar Petroleum and its partner would spend US$ 10 billion to convert a new terminal near Port Arthur, Texas, into a facility capable of exporting 15.6 million tons of LNG per year, as per newswires.
Founded in 1974, Qatar Petroleum manufactures petrochemicals, basic metals, fertilizers, steel and fuel additives. Its activities also include the production, transportation, shipping and export of liquefied natural gas and liquefied petroleum gas.
Mena Weekly Monitor – Bank Audi
23 August
Qatar Petroleum and Exxon Mobil eye US natural gas exports
Mena Weekly Monitor
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