ExxonMobil plans $20 billion U.S. Gulf Coast investment

By LNG World News US-based energy giant and LNG player ExxonMobil said on Monday it would invest $20 billion through 2022 to expand it business along the U.S. Gulf Coast.
The investments at 11 sites in Texas and Louisiana would create over 45,000 jobs, Darren Woods, Chief Executive of ExxonMobil said in a speech at CERAWeek.
“The United States is a leading producer of oil and natural gas, which is incentivizing U.S. manufacturing to invest and grow,” said Woods.
“We are using new, abundant domestic energy supplies to provide products to the world at a competitive advantage resulting from lower costs and abundant raw materials. In this

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