Why did Exxon withdraw its offer to sell the first two Golden Pass LNG cargoes?

The news states that 'the sources did not give a reason for the withdrawal', and Exxon declined to comment; no explanation is provided in the body.

What is the current operational status of the Golden Pass LNG plant as of the report?

According to LSEG data cited in the article, the plant has been running at around a third of its capacity since beginning production late last month, with Train 1 taking in about 287 million cubic feet per day of natural gas on Thursday — roughly 36% of its nameplate capacity of 800 mcfd — and Golden Pass has yet to export any LNG.

Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say

Apr 16, 2026

ExxonMobil withdrew offers for two initial LNG cargoes from its Golden Pass plant as operations run at one-third capacity. The $10 billion joint venture faces delays and currently lacks long-term export contracts.

reuters

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Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say