Golden Pass LNG, a joint venture owned by Exxon Mobil and QatarEnergy, has formally requested U.S. regulators for permission to re-export liquefied natural gas (LNG) starting October 1. This request comes as the export plant nears production.
The Golden Pass LNG facility has experienced previous delays, making this request a significant step towards its operational commencement. The ability to re-export LNG is crucial for the plant's commercial viability and its role in global gas markets.
This development is important for ExxonMobil's natural gas strategy, as it will enable the company to monetize its gas resources through export. The impending start of production from this major facility is expected to contribute to future earnings from its gas portfolio.
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