4.13.0-0.nightly-2023-03-17-161027 

Always

1.  Create a GCP XPN cluster with flexy job template ipi-on-gcp/versioned-installer-xpn-ci, then 'oc descirbe node'

2. Check logs for cloud-network-config-controller pods

 % oc get nodes
NAME                                                          STATUS   ROLES                  AGE    VERSION
huirwang-0309d-r85mj-master-0.c.openshift-qe.internal         Ready    control-plane,master   173m   v1.26.2+06e8c46
huirwang-0309d-r85mj-master-1.c.openshift-qe.internal         Ready    control-plane,master   173m   v1.26.2+06e8c46
huirwang-0309d-r85mj-master-2.c.openshift-qe.internal         Ready    control-plane,master   173m   v1.26.2+06e8c46
huirwang-0309d-r85mj-worker-a-wsrls.c.openshift-qe.internal   Ready    worker                 162m   v1.26.2+06e8c46
huirwang-0309d-r85mj-worker-b-5txgq.c.openshift-qe.internal   Ready    worker                 162m   v1.26.2+06e8c46
 `oc describe node`, there is no related egressIP annotations 
% oc describe node huirwang-0309d-r85mj-worker-a-wsrls.c.openshift-qe.internal 
Name:               huirwang-0309d-r85mj-worker-a-wsrls.c.openshift-qe.internal
Roles:              worker
Labels:             beta.kubernetes.io/arch=amd64
                    beta.kubernetes.io/instance-type=n2-standard-4
                    beta.kubernetes.io/os=linux
                    failure-domain.beta.kubernetes.io/region=us-central1
                    failure-domain.beta.kubernetes.io/zone=us-central1-a
                    kubernetes.io/arch=amd64
                    kubernetes.io/hostname=huirwang-0309d-r85mj-worker-a-wsrls.c.openshift-qe.internal
                    kubernetes.io/os=linux
                    machine.openshift.io/interruptible-instance=
                    node-role.kubernetes.io/worker=
                    node.kubernetes.io/instance-type=n2-standard-4
                    node.openshift.io/os_id=rhcos
                    topology.gke.io/zone=us-central1-a
                    topology.kubernetes.io/region=us-central1
                    topology.kubernetes.io/zone=us-central1-a
Annotations:        csi.volume.kubernetes.io/nodeid:
                      {"pd.csi.storage.gke.io":"projects/openshift-qe/zones/us-central1-a/instances/huirwang-0309d-r85mj-worker-a-wsrls"}
                    k8s.ovn.org/host-addresses: ["10.0.32.117"]
                    k8s.ovn.org/l3-gateway-config:
                      {"default":{"mode":"shared","interface-id":"br-ex_huirwang-0309d-r85mj-worker-a-wsrls.c.openshift-qe.internal","mac-address":"42:01:0a:00:...
                    k8s.ovn.org/node-chassis-id: 7fb1870c-4315-4dcb-910c-0f45c71ad6d3
                    k8s.ovn.org/node-gateway-router-lrp-ifaddr: {"ipv4":"100.64.0.5/16"}
                    k8s.ovn.org/node-mgmt-port-mac-address: 16:52:e3:8c:13:e2
                    k8s.ovn.org/node-primary-ifaddr: {"ipv4":"10.0.32.117/32"}
                    k8s.ovn.org/node-subnets: {"default":["10.131.0.0/23"]}
                    machine.openshift.io/machine: openshift-machine-api/huirwang-0309d-r85mj-worker-a-wsrls
                    machineconfiguration.openshift.io/controlPlaneTopology: HighlyAvailable
                    machineconfiguration.openshift.io/currentConfig: rendered-worker-bec5065070ded51e002c566a9c5bd16a
                    machineconfiguration.openshift.io/desiredConfig: rendered-worker-bec5065070ded51e002c566a9c5bd16a
                    machineconfiguration.openshift.io/desiredDrain: uncordon-rendered-worker-bec5065070ded51e002c566a9c5bd16a
                    machineconfiguration.openshift.io/lastAppliedDrain: uncordon-rendered-worker-bec5065070ded51e002c566a9c5bd16a
                    machineconfiguration.openshift.io/reason: 
                    machineconfiguration.openshift.io/state: Done
                    volumes.kubernetes.io/controller-managed-attach-detach: true


 % oc logs cloud-network-config-controller-5cd96d477d-2kmc9  -n openshift-cloud-network-config-controller  
W0320 03:00:08.981493       1 client_config.go:618] Neither --kubeconfig nor --master was specified.  Using the inClusterConfig.  This might not work.
I0320 03:00:08.982280       1 leaderelection.go:248] attempting to acquire leader lease openshift-cloud-network-config-controller/cloud-network-config-controller-lock...
E0320 03:00:38.982868       1 leaderelection.go:330] error retrieving resource lock openshift-cloud-network-config-controller/cloud-network-config-controller-lock: Get "https://api-int.huirwang-0309d.qe.gcp.devcluster.openshift.com:6443/api/v1/namespaces/openshift-cloud-network-config-controller/configmaps/cloud-network-config-controller-lock": dial tcp: lookup api-int.huirwang-0309d.qe.gcp.devcluster.openshift.com: i/o timeout
E0320 03:01:23.863454       1 leaderelection.go:330] error retrieving resource lock openshift-cloud-network-config-controller/cloud-network-config-controller-lock: Get "https://api-int.huirwang-0309d.qe.gcp.devcluster.openshift.com:6443/api/v1/namespaces/openshift-cloud-network-config-controller/configmaps/cloud-network-config-controller-lock": dial tcp: lookup api-int.huirwang-0309d.qe.gcp.devcluster.openshift.com on 172.30.0.10:53: read udp 10.129.0.14:52109->172.30.0.10:53: read: connection refused
I0320 03:02:19.249359       1 leaderelection.go:258] successfully acquired lease openshift-cloud-network-config-controller/cloud-network-config-controller-lock
I0320 03:02:19.250662       1 controller.go:88] Starting node controller
I0320 03:02:19.250681       1 controller.go:91] Waiting for informer caches to sync for node workqueue
I0320 03:02:19.250693       1 controller.go:88] Starting secret controller
I0320 03:02:19.250703       1 controller.go:91] Waiting for informer caches to sync for secret workqueue
I0320 03:02:19.250709       1 controller.go:88] Starting cloud-private-ip-config controller
I0320 03:02:19.250715       1 controller.go:91] Waiting for informer caches to sync for cloud-private-ip-config workqueue
I0320 03:02:19.258642       1 controller.go:182] Assigning key: huirwang-0309d-r85mj-master-2.c.openshift-qe.internal to node workqueue
I0320 03:02:19.258671       1 controller.go:182] Assigning key: huirwang-0309d-r85mj-master-1.c.openshift-qe.internal to node workqueue
I0320 03:02:19.258682       1 controller.go:182] Assigning key: huirwang-0309d-r85mj-master-0.c.openshift-qe.internal to node workqueue
I0320 03:02:19.351258       1 controller.go:96] Starting node workers
I0320 03:02:19.351303       1 controller.go:102] Started node workers
I0320 03:02:19.351298       1 controller.go:96] Starting secret workers
I0320 03:02:19.351331       1 controller.go:102] Started secret workers
I0320 03:02:19.351265       1 controller.go:96] Starting cloud-private-ip-config workers
I0320 03:02:19.351508       1 controller.go:102] Started cloud-private-ip-config workers
E0320 03:02:19.589704       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-1.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-1.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue
E0320 03:02:19.615551       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-0.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-0.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue
E0320 03:02:19.644628       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-2.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-2.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue
E0320 03:02:19.774047       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-0.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-0.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue
E0320 03:02:19.783309       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-1.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-1.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue
E0320 03:02:19.816430       1 controller.go:165] error syncing 'huirwang-0309d-r85mj-master-2.c.openshift-qe.internal': error retrieving the private IP configuration for node: huirwang-0309d-r85mj-master-2.c.openshift-qe.internal, err: error retrieving the network interface subnets, err: googleapi: Error 404: The resource 'projects/openshift-qe/regions/us-central1/subnetworks/installer-shared-vpc-subnet-1' was not found, notFound, requeuing in node workqueue

EgressIP should work

It can be reproduced in  4.12 as well, not regression issue.