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QatarEnergy and ExxonMobil, co-owners of the Golden Pass LNG project in Texas, have filed a motion to terminate Zachry Industrial’s contract after its bankruptcy and delays due to cost overruns. The situation affects contracting parties, local workers, and suppliers, highlighting the challenges of large-scale energy projects and stalling Qatar’s efforts to boost U.S. LNG production capacity.

QatarEnergy and ExxonMobil Request Termination of Texas LNG Project

QatarEnergy and ExxonMobil, co-owners of the Golden Pass LNG project in Texas, have filed a motion to terminate Zachry Industrial’s contract after its bankruptcy and delays due to cost overruns. The situation affects contracting parties, local workers, and suppliers, highlighting the challenges of large-scale energy projects and stalling Qatar’s efforts to boost U.S. LNG production capacity.

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