ExxonMobil Announces ‘Game-Changing’ $10 Billion Investment in Gulf Coast Energy Development

Date Published02/05/2019
Author NameRoss Eisenberg
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Golden Pass LNG
Parent companyExxon Mobil
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2024
Capital investment ($):10,000
City reshored to:Sabine Pass
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredliquefied natural gas
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Impact on domestic economy, U.S. price of natural gas/chemicals/electricity, Other, import replacement; compete in global market
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