The dam has broken on the “second wave” of U.S. LNG export projects. ExxonMobil and Qatar Petroleum last week announced a final investment decision on their joint venture liquefaction and export project — called Golden Pass Products — at the brownfield site of the Golden Pass LNG terminal on the Texas side of the Sabine-Neches Waterway. That’s a skipping stone’s throw from Cheniere Energy’s Sabine Pass LNG and Sempra Energy’s Cameron LNG terminals on the Louisiana side of the Gulf of Mexico outlet, as well as a number of other second-wave contenders. With construction slated to begin late next month, the Golden Pass project expects to become operational and begin taking feedgas by 2024. Today, we provide an update on Golden Pass, its potential feedgas needs and how it will be supplied.
2019 is set to be a pivotal year for U.S. LNG exports. Not only is it looking to be a watershed period for liquefaction capacity additions from the first wave of export projects that are already under construction and due online over the next couple of years — as we laid out in our Let Me Move You blog series — but it’s also likely to be a milestone year for the second wave of North American export projects as they race toward FIDs. We are tracking 24 of these mostly pre-FID projects in our LNG Voyager Quarterly, 18 of them along the coastlines of the contiguous U.S.
Not all of these multibillion-dollar projects may get the financial green light needed to advance to the construction phase. As we said last fall in Part 5 of our Coming Up series, if we had to put a win-place-or-show bet on which of these advance, they generally would be ones that are located at sites of existing terminals with robust connectivity to the U.S. pipeline network already in place and abundant supply — also, the backing of a team with deep pockets doesn’t hurt either. One project we said checks all those boxes was Golden Pass Products (GPP); as of last week, that project became the first of the U.S.-based pre-FID projects to score that financial go-ahead. [The first of the second-wave projects to announce FID in North America as a whole was Royal Dutch Shell’s LNG Canada, which in early October 2018 announced funding for its 14-million-metric-tonnes-per-annum (MMtpa) liquefaction/export terminal in Kitimat, BC. The project’s other partners are Petronas, PetroChina, Mitsubishi and Korea Gas.]
About the song
“Time Has Come Today” was written by Joe and Willie Chambers and appears as the fifth song on side two of the Chambers Brothers’ debut album, The Time Has Come. Joe Chambers wrote the lyrics for the song after attending a lecture at UCLA by counterculture philosopher Timothy Leary. The song is a call to action in the fight for social justice during the tumultuous times of the late 1960s. It was originally recorded by the band in 1966, clocking in at a short 2:27 in length. The band re-recorded it in August 1967, with the full-length album version lasting just over 11 minutes. This version features a high hat with tambourine attached and a cowbell as the main percussive instruments in the song. It presents a lysergic whirlwind of sounds that includes heavy use of tape delay and reverb. The midsection of the tune has fuzzed-out guitar that sounds like angry hornets, amidst howling and screams, all drenched in tape delay that would have put Sam Phillips on a different astral plane with his experiments with slap back tape echo at his studio at 706 Union Avenue in Memphis in 1955. Did someone say, “more cowbell?”, well alrighty then ... my soul has been psychedelicized!
Released as a single (at 4:45 running time) in December 1967, it went to #11 on the Billboard Hot 100 Singles chart. The full 11:06 LP version was a staple of progressive FM radio stations in the late 1960s, only rivaled by “In-a-Gadda-Da-Vida” for deejays in need of a bathroom break during airtime. The song has appeared in multiple motion pictures and television shows and has been covered by many artists over the years. Personnel on the record were: Lester Chambers (vocals, percussion), Joe and Willie Chambers (guitars), George Chambers (bass, vocals), and Brian Keenan (drums, percussion).
The Time Has Come LP was recorded in Los Angeles between August 1966 and August 1967, with David Rubinson producing. The album was released in November 1967 and went to #4 on the Billboard 200 Albums chart. Two singles were released from the LP.
The Chambers Brothers are an American psychedelic soul band originally from Carthage, MS — they relocated to Los Angeles in the mid-1950s. They started their career playing folk and gospel music but switched to electric guitars and an edgier rock and soul sound in the Vietnam era. The group in its prime consisted of brothers George, Joe, Lester, and Willie Chambers, along with Brian Keenan. They have released seven studio albums, seven live albums, 10 compilation albums and 10 singles. The band still plays occasional shows in the Los Angeles area. Drummer Brian Keenan died in 1985 at the age of 42. Bassist George Chambers died in 2019 at the age of 88.