JINDAL, CHENIERE ENERGY ANNOUNCE $6 BILLION FACILITY

KPLC

Today, Governor Bobby Jindal joined Cheniere Energy Chairman and CEO Charif Souki to announce that one of the first natural gas liquefaction facilities in North America will be constructed at Cheniere’s Sabine Pass terminal in Cameron Parish. Cheniere will invest $6 billion to expand its existing facility, which will be one of the largest capital investments in Louisiana history.

The new project will create 148 new jobs and retain 77 existing jobs, with a total compensation and benefits package that will exceed an average of $100,000 a year. The new jobs will support another 589 indirect jobs in the area and 3,000 construction jobs will be created by the project at the peak of construction activity. Cheniere will build its new facility near the Louisiana-Texas border in Cameron Parish to handle the shipment of liquefied natural gas (LNG) from the company’s international LNG terminal.

Gov. Jindal said, “Cheniere Energy’s construction of one the country’s first liquefaction facilities at the Sabine Pass terminal in Cameron Parish is a huge win for our state. This multi-billion dollar investment will be one of the largest capital investments in the history of Louisiana, and build on our incredible record of job creation projects all across the state. Cheniere’s facility will grow our economy, increase natural gas production and become a major exchange in continuing to meet the demand for energy around the world.”

via Jindal, Cheniere Energy announce $6 billion facility – KPLC 7 News, Lake Charles, Louisiana.

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