Louisiana Attracts $8.5B Natural Gas Facility
ByVenture Global will erect Plaquemines LNG on a 632-acre parcel stretching 7,000 feet along the Mississippi River
Louisiana Gov. John Bel Edwards
Plaquemines Parish, La.—The State of Louisiana just got a holiday treat from Venture Global LNG, which recently announced it would develop an $8.5 billion natural gas liquefaction facility and liquefied natural gas (LNG) export terminal in Plaquemines Parish, La., roughly 30 miles outside New Orleans.
Venture Global will erect Plaquemines LNG on a 632-acre parcel stretching 7,000 feet along the Mississippi River. The project, which will have the capacity to export 20 million metric tons annually, marks Venture Global’s second natural gas liquefaction and export development in the Pelican State. In December 2014, Venture Global announced that it would build Calcasieu Pass LNG in Cameron Parish at a cost of $4.5 billion. Calcasieu Pass LNG will be able to accommodate the exporting of 10 million metric tons per year…