Updated Aug 22, 2024
8/22/24
The natural gas export project underway on the upper Texas coast by Golden Pass LNG Terminal LLC will be delayed until the second half of 2025, ExxonMobil CEO Darren Woods confirmed Friday.
NO. 1: Golden Pass LNG Terminal LLC is looking to ramp up construction at the 18 million metric tons/year (mmty) capacity project after a bankruptcy court approved a deal between the project partners and Zachry Holdings Inc.
Golden Pass LNG Terminal LLC and its primary contractors, including Zachry Industrial Inc., have agreed to a settlement that could jumpstart construction again at the Texas LNG facility.