Golden Pass Products LLC awarded a FEED services contract for its proposed natural gas liquefaction and export project in Sabine Pass, Texas, to Chiyoda Corp. and Chiyoda’s partner CB&I. The project is expected to have a capacity of about 15.6 million tons per year of LNG and to cost about $10 billion. The new facility would be located at the same site as the existing LNG import terminal owned and operated by Golden pass Products’ affiliate Golden Pass LNG Terminal LLC.
During the FEED stage, Golden Pass and its contractors will define the technical, design and cost components of the project. Chiyoda and CB&I also successfully completed the pre-FEED and engineering work needed to support Golden Pass’ application to the Federal Energy Regulatory Commission on July 7.
A final investment decision for the project would be made after receipt of government and regulatory approvals. The project would create about 45,000 direct and indirect jobs across the nation during five years of construction. First LNG production is planned for 2019. During its 25-year operations phase, the project would generate about 3,800 new jobs in the U.S., including more than 200 permanent jobs at the site. The project has already received authorization from the U.S. Department of Energy (DOE) for exports to Free Trade Agreement (FTA) countries and is awaiting approval to export to non-FTA nations.
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