ExxonMobil, QatarEnergy Secure Extension for Golden Pass LNG Project
LNGCheniere(LNG) ZACKS·2024-10-26 01:36

Exxon Mobil Corporation (XOM) and QatarEnergy, partners in the Golden Pass LNG venture, received a three-year extension from federal regulators to complete the construction of their major liquefied natural gas (LNG) export facility on the Texas coast, per Reuters. The decision by the Federal Energy Regulatory Commission comes after significant delays tied to the bankruptcy of the project's primary contractor, Zachry Holdings.The Golden Pass LNG facility, a $10-billion endeavor, aims to produce 18 million me ...