Louisiana already has four liquefied natural gas operations, the most of any state in the country.
It’s about to grow to five plants after this week’s groundbreaking for Woodside Energy’s $17.5 billion production and export facility, best known as “Louisiana LNG.” It represents the largest foreign direct investment in state history.
The plant is also the first LNG plant to win approval after Donald Trump took office for a second term as President. When he took office, he immediately declared a domestic energy emergency.
Louisiana Gov. Jeff Landry called it an ‘unbelievable day’ for the state and the country.
“Folks like Woodside don’t look around the world and decide where to go by just throwing a dart at the globe,” Landry said. “They look at areas around the globe for stability. They look for tax policy, they look for educational standings. They look for overall economic opportunity. “ I say this again and again and again, that there is no industry in the world that has created more wealth, that has lifted more people out of poverty than the energy industry.”
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