Zachry Holdings, which is developing the Golden Pass LNG in Texas, has filed for bankruptcy, noting several challenges and disruptions that have impacted the announcement.
In 2019, Zachry Holdings, along with venture partners, were awarded an engineering, procurement, and construction contract by Golden Pass Products LLC, a joint venture partnership of QatarEnergy and ExxonMobil affiliates.
The contract included the construction and commissioning of the LNG liquefaction and export facilities, with a production capacity of around 16 million tonnes of LNG per year from three process trains.
Golden Pass LNG is located adjacent to the site of the existing Golden Pass LNG import terminal in Sabine Pass, Texas.
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