G2 project on Calcasieu Ship Channel in Cameron to include petrochemical facility

16-May-17

The G2 project on the Calcasieu Ship Channel in Cameron, Louisiana will now include a petrochemical facility. Originally, the project was proposed as an US$11 billion LNG facility. The additional plans bring total investment outlay to US$23 bln.

Remote Monitoring and Management is calling the project Louisiana's largest infrastructure project. G2 is also bringing in foreign investors from the Taiwan Petrochemical Alliance to visit. The facility will be able to export 15.4 mln tons of LNG per year. The project on the Calcasieu River Ship Channel will be the fourth-largest capital investment in Louisiana history, according to G2 LNG.