CAMERON PARISH, LA (KPLC) - The planned Calcasieu Pass LNG export facility and TransCameron Pipeline in Cameron Parish have received approval from the U.S. Federal Energy Regulatory Commission (FERC), Venture Global LNG has announced.
The liquefied natural gas export facility is expected to be built on 938 acres where the Calcasieu Ship Channel meets the Gulf of Mexico.
Senator Bill Cassidy said he hopes this project will be a catalyst for more investors to come to Cameron Parish.
“Look at the construction jobs, look at the direct and indirect jobs, look at the expansion of a tax base. All of those things are going to be beneficial for Cameron. This is the sort of long term capital investment that kind of, if you will, spawns other capital investments," Cassidy said.
Venture Global says the Calcasieu Pass project is expected to create 130 permanent jobs and about 1,500 jobs during peak construction times, which Senator John Kennedy said is a big win.
“It’s a substantial contribution to our economy, I’m very pleased that the Federal Energy Regulatory Commission, we call it FERC, has finally approved the authorization for this LNG export facility and a new pipeline," Kennedy said.
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“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Co-CEOs Bob Pender and Mike Sabel said in a joint statement. “This milestone is the culmination of years of effort, and we are proud of the excellent work done by our regulatory, environmental, legal and engineering teams. We are excited to begin construction of our Calcasieu Pass project and deliver low-cost LNG to our global customers in 2022.”