Energy Investors Eye More Natural Gas Exports From Louisiana

LAKE CHARLES, LA (AP) — A seventh company wants to build a natural gas export terminal in southwest Louisiana. Driftwood LNG, founded by ousted Cheniere Energy CEO Charif Souki, is planning a terminal liquefy natural gas in Calcasieu Parish

         The $8 billion project by Houston-based Tellurian Investments would be built on 800 acres on the west bank of the Calcasieu River, about five miles south of Carlyss. The American Press’ Justin Phillips reports that the Lake Charles Port Board has agreed to lease 477 acres of that site.

         Of other area LNG applicants, only Cheniere's terminal at Sabine Pass is operating.

- Sponsors -

         Driftwood told the Federal Energy Regulatory Commission that it plans to file a formal application by March to export 26 million metric tons per year.

         A 96-mile pipeline would cross Evangeline, Allen and Calcasieu parishes.

         For more information

- Partner Content -

Sunni LeBeouf

Black History Month Spotlight This Black History Month, Cox Communications is proud to recognize Sunni LeBeouf for her prolific record of professional achievement, civic philanthropy,...



Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter