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Louisiana Liquefaction Plant and LNG Export Facility Announced

On Tuesday, Louisiana Governor Bobby Jindal and Martin Houston, Chairman of Live Oak LNG, announced a new natural gas liquefaction and export project, up to a $2 billion investment, to be developed in the Calcasieu waterway. The mid-sized project is being designed for a plant capacity of up to five million tons per year production and will include two 170,000 cu. yd. storage tanks and port facilities. The proposed site is about 350 acres and is situated within Calcasieu Parish on the west bank of the Calcasieu River. Initial study work is already underway and Live Oak LNG will begin the permitting process within the next few weeks. The anticipated start-up of the plant is in late 2019.