U.S. Sen. Mary Landrieu leads panel discussion on benefits of ex - KPLC 7 News, Lake Charles, Louisiana

U.S. Sen. Mary Landrieu leads panel discussion on benefits of expanded LNG markets

U.S. Sen. Mary Landrieu leads panel discussion on benefits of expanded LNG markets

U.S. Democratic Senator Mary Landrieu U.S. Democratic Senator Mary Landrieu
LAKE CHARLES, LA (KPLC) - U.S. Democratic Senator Mary Landrieu, along with local and state officials, held a panel discussion Friday morning hosted by Our Energy Moment, on the benefits of expanded markets for LNG in Louisiana and the nation.

"We developed this industry, we built it here and we're going to protect it and we're going to support it," said Landrieu.

Landrieu, who chairs the U.S. Energy committee, discussed ways to take advantage the nation's plentiful natural gas, an industry set along the Gulf Coast.

"I am so happy to be in a position to help design this new transformation to advocate for exports, advocate for pipeline construction, advocate for the dredging that our ports need to take advantage, full advantage, of this energy revolution," said Landrieu.

Landrieu also discussed the progress of the Sempra Energy's Cameron LNG export project in Hackberry with Cameron Parish Administrator Ryan Bourriaque. The project recently received approval form the Federal Energy Regulatory Commission (FERC), and Bourriaque says recent growth in Cameron Parish is a step towards a better future on the state's coast.

"It could not come at a better time for us," said Bourriaque. "We do understand that we have natural resources that we need to be good stewards of. We need to control some of the development and not be an impediment at the same time so, it's tough to find that balance at some points in time but, we're certainly excited."

Landrieu is a co-sponsor of the Natural Gas Export Promotion Act of 2014. The legislation would require the DOE to make a decision on any pending LNG export facilities within 45 days of the completion.

According to Our Energy Moment, "It is estimated that LNG exports will generate as much as $86 billion in net benefits to the U.S. economy and help create up to 2.4 million American jobs by 2035 supported by natural gas. Louisiana is projected to receive up to $16.2 billion in economic benefits from LNG exports."

Copyright 2014 KPLC. All rights reserved.
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