FERC Grants Exxon and Qatar Three-Year Extension to Build Golden Pass LNG

The U.S. Federal Energy Regulatory Commission has granted a three-year extension to ExxonMobil and QatarEnergy to build their $10-billion Golden Pass LNG export plant in Texas, Reuters reports, citing an FERC filing. The federal regulator extended its authorization for construction after Golden Pass hit a snag earlier this year and faces delays due to the bankruptcy of Zachry Holdings, the lead construction contractor of the LNG project. These delays were the reason for FERC’s extension, according to the document seen by Reuters. In August,…