- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Cameron Parish to receive $10 billion LNG export facility
Posted on 7/30/14 at 8:34 am
Posted on 7/30/14 at 8:34 am
quote:
Sempra Energy secures loans for Cameron Parish project
Sempra Energy and its partners are expected to pull the trigger next week on building a proposed $10 billion liquefied natural gas export facility in Cameron Parish, according to the Wall Street Journal.
Cameron LNG has secured $7.5 billion in loans for the project, which will ship natural gas to Japan. The facility will be able to ship 13.1 million tons of LNG per year, and Japanese firms have already agreed to buy 8.8 million tons of production. LNG has become an important fuel source for Japan since the 2011 Fukushima Daiichi nuclear-power disaster.
The Sempra plant in Cameron Parish is expected to create 3,000 construction jobs and 140 full-time jobs and bring $10 billion in development to the economy of Southwest Louisiana.
ADVOCATE
ADVOCATE
KPLC
This post was edited on 7/30/14 at 8:43 am
17
Posted on 7/30/14 at 8:36 am to TigersOfGeauxld
Damn, our state is kicking arse.
Cheap natural gas is a great thing.
Cheap natural gas is a great thing.
Posted on 7/30/14 at 8:37 am to TigersOfGeauxld
This is the time to be in construction
Posted on 7/30/14 at 8:37 am to TigersOfGeauxld
Posted on 7/30/14 at 8:37 am to TigersOfGeauxld
I must say I have mixed feelings about these export projects. I've enjoyed my low gas bills these past several winters.
Posted on 7/30/14 at 8:48 am to TigersOfGeauxld
we are kicking some economic arse in SWLA
This post was edited on 7/30/14 at 8:48 am
Posted on 7/30/14 at 8:49 am to TigersOfGeauxld
That doesn't look like it should cost $10b.
Posted on 7/30/14 at 8:51 am to TigersOfGeauxld
I worked a lot on the Golden Pass project out in Port Arthur about 7-8 years go. They are huge facilities, and huge labor forces are needed to construct them. I think the original part of Cameron was built around that time.
This post was edited on 7/30/14 at 8:55 am
Posted on 7/30/14 at 9:07 am to TigersOfGeauxld
That's a ton of Yetis
Posted on 7/30/14 at 9:22 am to TigersOfGeauxld
Wow... this is on top of the $12 billion LNG facility that Cheniere has been building there 
Posted on 7/30/14 at 9:41 am to TigersOfGeauxld
Da boot baby 
Posted on 7/30/14 at 10:56 am to TigersOfGeauxld
Cameron still doesn't have FERC approval but I believe they are next in line.
There is also Lake Charles Liquefaction (BG Group & Energy Transfer), still in application process
There is also Lake Charles Liquefaction (BG Group & Energy Transfer), still in application process
Posted on 7/30/14 at 10:58 am to TigersOfGeauxld
Fished down there back in June with my old boss. We're both CPA's, but he's a ton better at stock picking.
He told us about that place, and how the stock had taken a really wild wide over the last two years, maybe? Said he could kick himself in the arse over not taking it at some price, at which he thought it was still a little overvalued. Seems like he said it's doubled since then, and this was "pre" this announcement.
Anyone familiar w/the history of that stock here can expound.
He told us about that place, and how the stock had taken a really wild wide over the last two years, maybe? Said he could kick himself in the arse over not taking it at some price, at which he thought it was still a little overvalued. Seems like he said it's doubled since then, and this was "pre" this announcement.
Anyone familiar w/the history of that stock here can expound.
Posted on 7/30/14 at 11:41 am to TigersOfGeauxld
So maybe now, I dunno, they will like build things in that shithole parish?
Worse part of LA to travel threw. They have nothing.
Worse part of LA to travel threw. They have nothing.
Posted on 7/30/14 at 1:33 pm to TigersOfGeauxld
I was in that facility last week. Like going into another country security is tight tight. I'm gonna sell a lot of shite for that job 
Posted on 7/30/14 at 7:45 pm to TigersOfGeauxld
This has been in the works for 5-6 years now. I remember an associate of mine telling me about it when the initial planning was in the works. Glad to see it come to fruition.
This post was edited on 7/30/14 at 7:46 pm
Posted on 7/30/14 at 7:54 pm to TigersOfGeauxld
Yup.....been knowing about it for awhile. We do ALOT of work in Calcasieu.
The entire region will be exploding with economic growth.
Eta: CB&I have called me for advice on some issues, but I wouldn't count them out yet. And, that's after I've had to clean up some of their shite work in Texas.
The entire region will be exploding with economic growth.
Eta: CB&I have called me for advice on some issues, but I wouldn't count them out yet. And, that's after I've had to clean up some of their shite work in Texas.
This post was edited on 7/30/14 at 7:59 pm
Posted on 7/30/14 at 9:11 pm to TigersOfGeauxld
Half of you people have no idea what you are talking about 
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News