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Citing "financial challenges" related to the Golden Pass LNG project in Sabine Pass, a major Texas construction company has filed for bankruptcy protection. ....
CEO John Zachry said the bankruptcy filings provide the mechanism to "initiate a structured exit" from the Golden Pass LNG project near Port Arthur. ....
Golden Pass LNG continues to work on the Sabine Pass project and is committed to its completion, despite the bankruptcy filing by the lead contractor, Zachry Ho ....