Cheniere Energy received federal approval on Monday for a $10 billion liquid natural gas expansion project, bringing them one step closer to finalizing a venture that could bring 3,000 jobs to Southeast Texas and Louisiana.
The LNG import company, which is deeply in debt, hopes to cash in on the current US LNG boom by building a gas-liquefication export facility in Sabine Pass, La., which would be the first of its kind in the continental US.
“With Motiva gradually decreasing the number of workers, this would be excellent to continue this boost, as far as jobs are concerned,” said John Comeaux, acting city manager for the City of Port Arthur.
Not only would the jobs come at a time when area petro-chemical projects are dispersing, but the city would benefit from increased revenue as well, as it plans to sell water the Houston-based LNG exporter in industrial quantities.
Cheniere representatives estimated that they would purchase $13.4 million worth of water during the construction of the new facility, according to previous News reports.
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