Venture Global LNG Announces $4.25 Billion Liquefied Natural Gas Complex At Calcasieu Ship Channel I

Venture Global LNG Announces $4.25 Billion Liquefied Natural Gas Complex At Calcasieu Ship Channel In Cameron

VENTURE GLOBAL LNG ANNOUNCES $4.25 BILLION LIQUEFIED NATURAL GAS COMPLEX AT CALCASIEU SHIP CHANNEL IN CAMERON

Liquefaction export facility in Cameron Parish will create 100 new direct jobs and result in 326 indirect jobs, along with 1,500 construction jobs

Today, Gov. Bobby Jindal and William M. Wicker, CEO of Venture Global LNG LLC, announced the company will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas export terminal. The facility will be constructed on the Calcasieu Ship Channel at Calcasieu Pass.

The Venture Global LNG project will create 100 new direct jobs, with salaries averaging $70,000 per year, plus benefits. Louisiana Economic Development estimates an additional 326 new indirect jobs will result in Southwest Louisiana and surrounding parishes, with the development of the new LNG facilities expected to generate 1,500 construction jobs in the region.

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