ExxonMobil's (XOM) Golden Pass LNG Project Faces Six-Month Delay
ExxonMobil(XOM) ZACKS·2024-06-07 14:05
ExxonMobil Corporation (XOM) and QatarEnergy’s $11 billion Golden Pass LNG project has encountered significant hurdles, leading to a delay in its expected startup by at least six months. According to a Reuters report on Thursday, the project, which was expected to bolster the supply of liquefied natural gas (LNG) within the next year, is now facing uncertainty due to construction setbacks.The Golden Pass LNG facility, located at the Sabine Pass site, was initially designed to convert a former gas-import ter ...