A JV between ExxonMobil (XOM) and Qatar Petroleum is asking U.S. authorities for permission to...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

A JV between ExxonMobil (XOM) and Qatar Petroleum is asking U.S. authorities for permission to export large quantities of U.S.-made liquefied natural gas from its new terminal near the Texas-Louisiana border. If permission is granted, the partnership would spend $10B converting the facility into one capable of exporting 15.6M tons of LNG per year to compete with Cheniere Energy's facility.