The Greater Lafourche Port Commission (GLPC) and tenant Energy World USA have proposed the development of a mid-scale liquefied natural gas (LNG) production and export facility at Port Fourchon.
Energy World USA's proposed facility will eventually produce up to 2 million tons of LNG per year for export, as well as operate a separate smaller-scale liquefaction plant geared toward providing LNG to fuel the next generation of offshore supply vessels (OSVs) powered by LNG and operating in the Gulf of Mexico.
"While it is still very early in the planning and regulatory process, we are excited to be able to tell the community and our tenants about this potential opportunity to continue to keep Port Fourchon at the very cutting edge of the oil and gas services industry," said Chett Chiasson, executive director of GLPC. "We feel that this is a great addition to the suite of vessel services that are offered by our tenants and greatly enhances our capability and versatility."
The facility would be constructed on a site of up to 150 acres located on port-owned property to the west of Belle Pass, located outside of the existing port development. The proposed facility could represent an investment of upward of $800 million, making it the single-largest initial investment in the history of Port Fourchon and Lafourche Parish.
In the coming weeks, GLPC will begin a waterway suitability assessment with the U.S. Coast Guard, which will help ensure current and future port activities are not adversely affected by the operation of the potential facility.
With the assistance of the Director of Economic Development for Lafourche Parish Government, the South Louisiana Economic Council is working with the Louisiana Department of Economic Development to identify potential business and tax incentives to help ensure the project is constructed in Louisiana's bayou region.
For more information, visit www.portfourchon.com or call (985) 632-6701