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re: Good news for Lake Charles area - Commonwealth LNG moving forward in Cameron Parish

Posted on 8/16/23 at 4:32 pm to
Posted by jizzle6609
Houston
Member since Jul 2009
4510 posts
Posted on 8/16/23 at 4:32 pm to
quote:

ost LNG companies aren't buying any land, it's a 99 year lease.
Sempra Global did purchase and also acquired an additional 6,000 ac for mitigation from two landowners. Both landowners made out like bandits on the sale.


That would explain the a private investor buying then leasing back the Driftwood property to Tellurian.

This makes things a littler more interesting.
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