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Liquefied Natural Gas (LNG) - Energy Diversity | LED - Louisiana Economic Development (.gov)

Louisiana Economic Development (.gov) · last updated

Liquefied Natural Gas (LNG) - Energy Diversity | LED

Geography and Logistics

- Louisiana boasts three of the nation’s seven LNG export terminals, with more facilities planned.
- Nearly 50,000 miles of integrated pipelines crisscross every major highway, railroad and navigable waterway in the state.
- The state holds 8% of the nation’s natural gas reserves.
- Located outside of Lafayette, the Henry Hub is a natural gas pipeline that serves as the official delivery location for New York Mercantile Exchange (NYMEX) futures contracts. Louisiana boasts three of the nation’s seven LNG export terminals, providing domestic and international access.

Economic Impact

18,000

LOUISIANA JOBS

$4.4B+

CONTRIBUTED TO STATEWIDE ECONOMIC IMPACT

$178M

IN STATE TAX REVENUE

18,000

LOUISIANA JOBS

$4.4B+

CONTRIBUTED TO STATEWIDE ECONOMIC IMPACT

$178M

IN STATE TAX REVENUE

Related Knowledge Center: Liquefied natural gas

State of Play

Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.

More informationabout Liquefied natural gas