By Steve Horn
for DeSmog Blog. – December 27
Just days before Christmas, the U.S. Federal Energy Regulatory
Commission (FERC) gave ExxonMobil a gift: a permit to export natural gas
from its Golden Pass LNG (liquefied natural gas) facility located in
Sabine Pass, Texas. Dubbed Golden Pass Products, the expansion of this
LNG facility to export gas is a joint venture between Exxon (30 percent
stake) and Qatar Petroleum (70 percent stake), the state-owned oil
company. Golden Pass LNG is now the fourth LNG export facility, and
third situated along the Gulf of Mexico, approved under the Obama
administration. This facility will continue to open up the global market
to U.S. natural gas obtained via hydraulic fracturing (“fracking”). The
permit for Golden Pass comes shortly after Exxon’s CEO, Rex Tillerson,
was named Trump’s nominee for U.S. Secretary of State and will likely
face a tough Senate confirmation hearing in January, mainly due
to his close ties to Russia. Read on...http://www.theenergycollective.com/desmog/2395438/exxon-qatar-petroleum-get-ok-to-export-u-s-fracked-gas-amidst-tangled-ties-to-russia-isis
No comments:
Post a Comment