ExxonMobil announced in its Friday earnings call that the startup of Golden Pass LNG may face additional delays into 2026.
This follows recent news that FERC had granted the project an extension to its deadline, which is now late 2029.
Golden Pass, co-owned by ExxonMobil and QatarEnergy, was originally set for late 2024 but encountered setbacks following the May bankruptcy of lead contractor Zachry Group.
With construction now resumed by remaining contractors CB&I and Chiyoda, the first of three LNG trains is targeted for late 2025, followed by the remaining trains at six-month intervals.
Source: Gelber & Associates