Proposed Joint Qatar - Exxon LNG Exporting Terminal In Texas

Remember this past winter, how cold it got in Great Britain (notwithstanding all that global warming talk); the island nation ran dangerously close to running out of natural gas (they killed the coal industry under Thatcher).

Qatar and Exxon hope to build a LNG export terminal in Texas specifically to answer Great Britain's needs. Maybe that's why President Obama went down to Texas this week, to see how the project was coming along. He should approve it; the terminal is 70% owned by the Arabs.

The (London) Globe and Mail is reporting, which explains the incorrect spelling:

Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas, pending U.S. government approval to build the plant and export LNG.

The Golden Pass LNG Terminal is owned by Golden Pass LNG, a joint venture formed by affiliates of three of the world’s largest and most experienced oil and gas companies. Qatar Petroleum (70%), ExxonMobil (17.6%) and ConocoPhillips (12.4%).