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Penn America Energy seeking to build Pennsylvania LNG Terminal
Posted on 6/5/25 at 7:57 am
Posted on 6/5/25 at 7:57 am
quote:
WASHINGTON, June 4 (Reuters) - The CEO of a company seeking to build a liquefied natural gas terminal near Philadelphia told Reuters on Wednesday he met officials at the White House this week to "provide intelligence" about the project in the works for years despite local opposition.
Penn America Energy Holdings wants to export 7.2 million tons a year of LNG from a site near Philadelphia to markets in Europe and Asia. Franc James, the CEO, said he had a meeting at the White House on Tuesday and that the company is considering several locations other than the original site in Chester, Pennsylvania.
quote:
The Philadelphia region, once an oil refining center, has seen plants shutter in recent decades as the industry concentrated along the Gulf Coast. Local and state officials for years have sought to leverage the abundance of natural gas in western Pennsylvania, but building new infrastructure in the densely populated eastern part has been met with local opposition.
Trump has vowed to open new gas pipelines and boost the LNG industry. His support for the project could also pitch a fight in a battleground state with Democratic Governor Josh Shapiro, up for reelection next year.
quote:
James said he had worked with Trump during his first term when the project was "in the fetal stages" but the company put the plans on hold when former President Joe Biden paused approvals of LNG exports in early 2024 to study economic and environmental impacts of the booming business.
"Developing a project in the Northeast is quite different than the Gulf Coast, Louisiana and Texas, so it requires a great deal of support, not only politically in the state, but also with communities ... in terms of pipeline transmission as well as ... along the Delaware River."
LINK /
This could be a positive for Marcellus gas E&Pers, but there's less pipelines running through Pennsylvania than Louisiana and Texas to source the gas to destinations. Would be a shorter trip from PN to Europe for shipments.
1
Posted on 6/5/25 at 8:30 am to ragincajun03
Good luck to them. The local public appetite for these types of facilities along the east coast is less than positive. I've been part of a few proposed LNG projects in the BoWash region and they all died on the vine because they couldn't get local lawmakers onboard.
Posted on 6/5/25 at 8:37 am to PCRammer
The old Marcus Hook plant I'm sure
Posted on 6/5/25 at 8:40 am to PCRammer
quote:
Good luck to them. The local public appetite for these types of facilities along the east coast is less than positive
Good point but they need a shot in the arm just like everyone else.
I'm sure you have driven north out of Philly in to NJ. Some places where there were chemical plants look like the moon. 60-65 years later there are still parts of New Jersey where no vegetation will grow, and thats after those areas were "remediated".
NG flowing is good for everyone.
(and maybe ET can get some pipeling business.....)
Posted on 6/5/25 at 8:42 am to Lakeboy7
quote:
Some places where there were chemical plants look like the moon. 60-65 years later there are still parts of New Jersey where no vegetation will grow, and thats after those areas were "remediated"
Remediation still going on 60 years later.
Posted on 6/5/25 at 8:50 am to ragincajun03
quote:
Remediation still going on 60 years later.
Yeah, whatever that is?
But look that area needs jobs and infrastructure and I think we are far enough removed from the bad old days of dumping shite on the ground.
But thats really good for business N Europe coming online, big lick.
Posted on 6/5/25 at 8:54 am to Lakeboy7
quote:
I think we are far enough removed from the bad old days of dumping shite on the ground.
We absolutely are. And the companies footing the bill for the remediations actually aren't (at least most the projects I've seen) the ones who dumped all the stuff on the ground. The inherited the mess and are now cleaning it up.
But the enviro-commies won't ever admit that. They will yell that all the same atrocities are taking place today as standard business practice.
You ever been out to the old Evangeline oilfield? That place still looks baren in many spots. But at that time, they'd give the land/mineral owner "oil baths" when the rig hit oil, and no one cared where the produced water went. That salty water does way more damage to the ground than the oil itself.
Posted on 6/5/25 at 12:37 pm to Lakeboy7
quote:
I'm sure you have driven north out of Philly in to NJ. Some places where there were chemical plants look like the moon. 60-65 years later there are still parts of New Jersey where no vegetation will grow, and thats after those areas were "remediated".
NG flowing is good for everyone.
No doubt and Im rooting for it. There are some hellish industrial locations where a new LNG facility would be considered an aesthetic upgrade.
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