"Handshake across the Himalayas"

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

India Credit Rating

India Credit Rating

No case for S&P ratings downgrade: Mayaram.  Full Article | Column 

Tax Tangle

Tax Tangle

Infosys to challenge new tax demand of $105.3 million.  Full Article 

Gold Imports

Gold Imports

Chidambaram: more steps to cut gold imports if needed  Full Article | Related story 

It's a Deal

It's a Deal

Morgan Stanley to sell India wealth management unit to StanChart.  Full Article 

Big Deal

Big Deal

Essar Oil to sign $1 bln debt-for-fuel deal with China  Full Article 

Tumblr Sold

Tumblr Sold

Yahoo buying Tumblr for $1.1 bln, vows not to screw it up  Full Article 

Bond Business

Bond Business

RBI says foreign investors may buy inflation-linked bonds  Full Article | Related Story 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Exxon, Qatar Petroleum JV looks to export U.S. natural gas-WSJ

Related Topics

Stocks

   

Sat Aug 18, 2012 7:22am IST

Aug 17 (Reuters) - Golden Pass Products LLC, a joint venture of Exxon Mobil Corp and Qatar Petroleum, is seeking U.S. authorities' permission to export liquefied natural gas from a terminal near the Texas-Louisiana border, the Wall Street Journal said, quoting an executive.

Exxon and its partner would spend $10 billion to convert a new terminal near Port Arthur, Texas, into a facility capable of exporting 15.6 million tons of LNG per year, the newspaper said. It was built to import natural gas, it said.

According to the joint venture application, the LNG would be exported to countries with which the United States has a free-trade treaty, the Journal said.

The regulatory approval could take several years to pass and the facilities could take about five years to build, the Journal said, quoting Bill Davis, project executive for Golden Pass Products.

Exxon and Qatar Petroleum were not available for comment outside regular business hours.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.