B.R. Company Announces Plans For $11B LNG Facility In Cameron, LA

CAMERON, LA (AP) — A Louisiana-based company says it plans to build a massive facility along the Calcasieu River ship channel to export liquefied natural gas.

         Baton Rouge-based G2 LNG says it plans to construct an $11 billion liquefied natural gas exporting facility. If built, it would be one of the largest capital investments in Louisiana's history, according to the company.

         Before construction can begin, though, the company needs approval from federal agencies.

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         In July, the Department of Energy gave G2 LNG a license to export LNG to countries that have signed free trade agreements with the United States. The company is waiting for approval to export LNG to other countries that have not signed free-trade agreements with the United States.

         G2 also needs approval for its project from the Federal Energy Regulatory Commission.


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