Port Of Lake Charles announces new plans - KPLC 7 News, Lake Charles, Louisiana

$2.2 billion export facility coming to Lake Charles Port

Featured Videos

LAKE CHARLES, LA (KPLC) -

In one week, two projects have been announced that will include industrial expansion on Lake Charles Port property.

G2X Energy plans to build a $1.3 billion natural gas-to-gasoline project on the Industrial Canal across from Calcasieu Point. Magnolia LNG has also announced plans for a $2.2 billion export facility to be located on land in the same area along Henry Pugh Road, east of Calcasieu Point.

Maurice Brand is the Joint CEO of Liquefied Natural Gas Limited. He recently made a presentation to port commissioners, in which he said he hopes to begin construction for his company's project within 24 months.

For LNG, the initial investment will be about $2.2 billion for the first phase, with another $2 billion for the second phase.

"The LNG will be exported to free trade agreements with the U.S. states. We'll engage about 1,000 people through the construction phase and up to 75 during operating period," Brand said.

Brand said there will be indirect jobs as they use services offered by the community. Brand explained that they will first export 4 million tons and double that if they can find customers. He said liquefying the natural gas allows them to transport it.

"It's like storing in a freezer and it's kept cold there for many, many days and then we transfer that as liquefied gas from a short pipeline into a ship and then the ship takes it off to its market in Asia or the Caribbean or wherever you happen to secure customers," he said.

Commissioners have also approved a lease of port property for G2X Energy of Houston, expected to create 243 new jobs with an average salary of $66,500, plus 748 new indirect jobs.

Copyright 2013 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • UPDATE: Teen girl key witness in Stacy Johnson Jr. trial

    UPDATE: Teen girl key witness in Stacy Johnson Jr. trial

    Friday, September 22 2017 8:03 PM EDT2017-09-23 00:03:24 GMT
    Stacy Johnson Jr. (Source: Calcasieu Correctional Center)Stacy Johnson Jr. (Source: Calcasieu Correctional Center)

    Robert Colston Sr. died from a gunshot wound to the back, according to testimony today from the Calcasieu Parish coroner. Parish Coroner Dr. Terry Welke was on the witness stand late Thursday afternoon in the first-degree murder trial of Stacy Johnson Jr., who is accused of killing Colston.

    More >>

    Robert Colston Sr. died from a gunshot wound to the back, according to testimony today from the Calcasieu Parish coroner. Parish Coroner Dr. Terry Welke was on the witness stand late Thursday afternoon in the first-degree murder trial of Stacy Johnson Jr., who is accused of killing Colston.

    More >>
  • FIRST ALERT FORECAST: Fall is officially here, but it will feel like summer this weekend!

    FIRST ALERT FORECAST: Fall is officially here, but it will feel like summer this weekend!

    Friday, September 22 2017 6:50 PM EDT2017-09-22 22:50:10 GMT
    High pressure still in control of our weatherHigh pressure still in control of our weather

    Fall officially began at 3:02 p.m. Friday, but Mother Nature did not get that memo!  It will continue to feel like summer through this weekend into most of next week.  The long-range forecast does show a possible cold front, but that is nearly a week away and subject to change.  Temperatures will be warm and muggy overnight with lows by Saturday morning ranging from the upper 60s north of I-10 to the upper 70s at the coast.  

    More >>

    Fall officially began at 3:02 p.m. Friday, but Mother Nature did not get that memo!  It will continue to feel like summer through this weekend into most of next week.  The long-range forecast does show a possible cold front, but that is nearly a week away and subject to change.  Temperatures will be warm and muggy overnight with lows by Saturday morning ranging from the upper 60s north of I-10 to the upper 70s at the coast.  

    More >>
  • State treasurer hosting unclaimed property event at Prien Lake Mall Saturday

    State treasurer hosting unclaimed property event at Prien Lake Mall Saturday

    Friday, September 22 2017 6:31 PM EDT2017-09-22 22:31:53 GMT
    (Source: KPLC)(Source: KPLC)

    This Saturday Lake Area residents can stop by Prien Lake Mall to see if the State of Louisiana owes them money. State Treasurer Ron Henson is holding a free public event at the mall, near the Sears court entrance, to return unclaimed property to qualifying Louisiana residents on Saturday, Sept. 23, from 10 a.m. to 3 p.m.

    More >>

    This Saturday Lake Area residents can stop by Prien Lake Mall to see if the State of Louisiana owes them money. State Treasurer Ron Henson is holding a free public event at the mall, near the Sears court entrance, to return unclaimed property to qualifying Louisiana residents on Saturday, Sept. 23, from 10 a.m. to 3 p.m.

    More >>
Powered by Frankly