Presentation on Liquefied Natural Gas

In October, the chapter welcomed Jason French of Chenier Energy as speaker at its monthly membership luncheon. French delighted guests in his presentation, “Liquefied Natural Gas (LNG) Exports: A Story of American Innovation and Opportunity,” in which he detailed his company's history through the rise of LNG as the dominating energy presence it has become in America. French walked guests through details of a new $20 billion LNG facility currently under construction on more than 1,000 acres in Cameron Parish, Louisiana, and its projected benefits to the national and state economies, environment and national security. Estimated completion for the construction project is 2017, and its output has already presold through the United States, Europe, Asia and the Middle East. Chenier and the federal government expect it to promote stability in domestic natural gas pricing; stimulate state, regional and national economies; reduce reliance on foreign oil; improve U.S. balance of payments; promote liberalization of global gas trade; advance national security; and increase economic trade.

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