Key facts
- Golden Pass LNG exported its seventh cargo on Tuesday.
- Feedgas flows to the terminal hit their highest level in six weeks.
- The seventh cargo, weighing 76,000t, is bound for Belgium.
- The terminal received 529mn ft³/d of gas on Tuesday, the highest since July 2.
- The original timeline for trains 2 and 3 may be challenged due to contractor issues.
The Golden Pass LNG terminal in southeast Texas has exported its seventh cargo, with feedgas flows to the facility reaching their highest level in six weeks. The QatarEnergy-ExxonMobil joint venture received 529 million cubic feet per day of gas on Tuesday, the highest volume since July 2, as the first liquefaction train is commissioned. The vessel Umm Heesh departed early Wednesday carrying a 76,000-tonne cargo bound for Belgium's Zeebrugge import terminal. Since maintenance concluded on June 26, the terminal has averaged one loading every 13.5 days, operating at approximately 40% of the first train's capacity. Market participants noted that the original six-month cadence for trains 2 and 3 coming online may be challenged following the 2024 bankruptcy of lead contractor Zachry Holdings, which has led to a reshuffling of construction contractors.