G2X Energy coming to LC Port - KPLC 7 News, Lake Charles, Louisiana

G2X Energy coming to LC Port

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(Source: Lake Charles Port) (Source: Lake Charles Port)
LAKE CHARLES, LA (KPLC) -

Yet another major economic development is headed to Southwest Louisiana. This one, known as G2X Energy, will be built on the industrial canal at the Port of Lake Charles.

It will use natural gas to produce methanol which will be used to make gasoline. It's expected to mean hundreds of permanent jobs and thousands for construction workers.

Houston-based G2X Energy plans to build a $1.3 billion natural gas-to-gasoline facility on port property. It will be right across from Calcasieu Point Landing on the Industrial Canal. The announcement came from governor's office on Tuesday.

Lake Charles Port Director Bill Rase said officials have been working to land the project for months.

"We're real excited that G2X is going to come to the Lake Charles area to do a natural gas-to-methanol-to-gasoline project which will be very good for the community and will be located on 200 acres of port property off of the Industrial Canal," Rase said.

Rase said cheap natural gas and the 40-foot deep Ship Channel make it an ideal spot for the plant, which will be just west of Trunkline LNG and Alcoa.

"They're predicting that they'll have about 1,000 jobs overall, when construction's complete. During construction, it'll fluctuate between three and four thousand, but permanent jobs it'll be, at the plant, about 250 jobs and then the indirect jobs will feed off of that," Rase said.

Louisiana Economic Development is predicting the project will amount to about thousand jobs.

Rase said the state is providing $5 million for infrastructure at the port, including an access road, utilities and a dock.

"They're going to build a road going into the project so that they'll be able to start the project.  Then they'll have a dock that, because it's on port property, the state will participate in building the dock," Rase said.

If the company gets permits this year, construction would begin in 2014 with the project to be complete in early 2017. Lake Charles Port Commissioners plan to approve a lease with G2X when they meet in special session at 5 p.m. Thursday.

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