On August 28, Golden Pass LNG requested an extension from the Federal Energy Regulatory Commission to Nov. 30, 2029, to finish construction.
Citing challenges caused by the exit of its San Antonio -based lead contractor, the developer of a massive liquefied natural gas export terminal under construction in Southeast Texas is requesting more time to finish the project. Golden Pass LNG asked the Federal Energy Regulatory Commission and Department of Energy to give it three more years — until Nov. 30, 2029 — to finish construction and place the $10 billion facility in service. The Aug.
Zachry Holdings’ settlement with Golden Pass LNG gets approval from Houston bankruptcy court judge Golden Pass cited delays caused by Zachry’s departure, uncertainties related to the transition to a new lead contractor and potential hurricane impacts in its request for the extension. A spokesman said the company, which is owned by QatarEnergy and Exxon Mobil Corp., still hopes to be producing LNG sometime next year.
Challenges at Golden Pass LNG terminal lead S.A.'s Zachry Holdings, subsidiaries into bankruptcy The global engineering and construction company said it and other contractors were induced to front increased costs with “false promises” that they would be made whole once the project was complete, it alleged in a lawsuit also filed in bankruptcy court. It said it required an additional $2.4 billion to complete the project.
Zachry Holdings Federal Energy Regulatory Commission Mcdermott International Inc. Department Of Energy Exxon Mobil Corp. COVID S.A. Chiyoda International Corp. Zachry Qatarenergy Debbie-Anne A. Reese Southeast Texas San Antonio Houston Sabine Pass Japan Washington DC Golden Pass 888 First Street NE Efile
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