$11 billion LNG project announced for Cameron Parish - KPLC 7 News, Lake Charles, Louisiana

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$11 billion LNG project announced for Cameron Parish

CAMERON PARISH, LA (KPLC) -

An $11 billion liquefied natural gas export project was announced Thursday to be placed on the banks of the Calcasieu River Ship Channel in Cameron Parish.

The facility, operated by Louisiana-based company G2 LNG, will export 14 million tons of LNG. It will be the fourth-largest capital investment in the history of Louisiana, according to company officials.

"The G2 LNG project has several unique advantages that have led to advanced discussions with potential customers in Asia, Europe, India and the Caribbean," said former Gov. Buddy Roemer, G2 chairman.

The project will create 3,500 construction jobs and more than 250 permanent jobs with salaries averaging more than $85,000 per year, G2 officials said.

Construction is expected to begin in mid-2017 and the facility is expected to be up and running by 2020.

The planned unit will sit on 766 acres along the ship channel.

"The Calcasieu River Ship Channel and Cameron Parish is the ideal location for this project," said Thomas Hudson, G2 president. "We are three miles from the Gulf of Mexico on a 42-foot deep channel. Extensive interstate and intrastate natural gas pipeline systems traverse Cameron Parish, giving us access to both conventional and unconventional shale gas on a firm or spot price basis. And, we are thankful to have the unwavering support of local, state and business officials."

Copyright 2015 KPLC. All rights reserved.

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