Sempra Secures Final Agreement for New $6 Billion LNG Facility in Louisiana

Cameron LNG expansion

Governor Bobby Jindal flew into Lake Charles Thursday to make a special announcement regarding a major economic development for southwest Louisiana.

Major growth for southwest Louisiana is on the way. He announced that Cameron LNG and Sempra Energy secured their third and final agreement to build a natural gas export facility in Hackberry. This mean more jobs will soon be available for residents in the area.

The facility will be an expansion of the existing Cameron LNG. Sempra Energy, based in San Diego, is investing in the new six billion dollar export facility.

"Huge investment," said Governor Jindal. "This is going to be over 130 jobs, but when you look at the indirect jobs, over 700 total jobs. The direct jobs pay $80,000 before benefits. Not only that, it retains the over 60 jobs that are there."

Jindal says the facility, which will export natural gas, will not just impact southwest Louisiana.

"Huge, huge impact on our community," said Governor Jindal. "And it's going to benefit communities all over the state. It's going to help create jobs in the Hainesville Shell up in northwest Louisiana and other parts of the state. So a great economic development win for our state."

The three phase construction will begin next year and the first liquefaction train will open in late 2016. The other two will open 5-10 months later.  

"We are again extremely excited at this opportunity to again be back and invest additional money in the state of Louisiana," said president of Sempra Energy Octavio Simeos.

Speaker Chuck Kleckley says this is only the beginning of good economic news the area.

"This is just part of what's going on in southwest Louisiana," said Speaker Kleckley. "We were here three weeks ago, made a big announcement out at Chennault. And there's a lot more opportunities on the books. So just stay tuned and pay attention because it's coming and it's going to come pretty fast. I'm very,very confident."

Jindal mentioned the state of Louisiana is doing well economically compared to the nation as a whole.

"It's been a great week for Louisiana," said Governor Jindal. "You may have seen earlier, chief executive magazine gave us our best ranking ever. Also, Louisiana is the most improved state in the country in which to do business. So just a good week of good economic news, showing that we can create jobs despite the national recession right here in Louisiana."

Two of the export agreements secured are with companies in Japan.

Last year Sempra Energy generated a revenue of 10 billion dollars while serving over 31 million consumers across the world.

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