LNG | NATURAL GAS 06 Dec 2023 | 22:29 UTC
ExxonMobil pushes back timeline for startup of Golden Pass LNG
HIGHLIGHTS
First LNG now expected H1 2025
Timeline represents delay from late 2024
Exxon Golden Pass LNG startup pushed into 2025
Re: Exxon Golden Pass LNG startup pushed into 2025
Ouch!
We need a colder than normal January and LNG exports to stay near 14 Bcf per day to work down the amount of natural gas is storage. The surplus to where storage was last year should be gone by the end of January, but the surplus to the 5-year average will take until April.
We need a colder than normal January and LNG exports to stay near 14 Bcf per day to work down the amount of natural gas is storage. The surplus to where storage was last year should be gone by the end of January, but the surplus to the 5-year average will take until April.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group