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ExxonMobil to Build $10 Billion Liquified Natural Gas Export Facility

ExxonMobil’s project to build a $10 Billion liquified natural gas export facility in Texas is a go, with construction slated to begin soon.

The project, a partnership between ExxonMobil and Qatar Petroleum, will take about five years and more than 9,000 workers to build. According to reports, the new facility will have a capacity of 16 million tons per year. The facility is expected to begin operating some time in 2024.

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The new facility is part of a larger initiative by ExxonMobil to drive energy related activity in the Gulf Coast. Other projects include new chemical, refining, lubricant and liquified natural gas facilities.

Posted on March 25, 2019 at 12:06 pm

Categories: News

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