Developers of a large gas export terminal in southeast Texas have three extra years to finish work on the project and make it ready for service, federal regulators said Thursday.
In a letter, the Federal Energy Regulatory Commission gave sponsors of the Golden Pass LNG export terminal until the end of November 2029 to complete the liquefied natural gas project.
The decision came roughly five months after the project’s lead construction contractor filed for Chapter 11 bankruptcy protection.
Golden Pass LNG, a joint venture company formed by Exxon Mobil and QatarEnergy, made the request in an August filing. It cited the bankruptcy filing of Zachry Industrial, “remaining schedule uncertainties” around bringing on a new lead contractor and other potential delays, such as possible hurricanes and startup activities.
