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G2 IN THE PRESS

Liquefied natural gas to take place of oil, coal?

Now may not be the best time to unveil plans to export liquefied natural gas from the U.S. But don’t tell Charles “Buddy” Roemer.

The former governor of Louisiana will formally announce Monday one of the largest LNG-export proposals in the U.S., at a time when faltering demand for gas in Asia, as well as low prices, threaten the viability of ventures much further along the way than his.

“There may be 40 ahead of us in the world already producing, but there are 30 behind us, and something is happening,” said Roemer, chairman of a Baton Rouge-based G2 LNG. “This will be a powerful industry.”

 

Louisiana-led G2 plans $11 billion natural gas export project in Cameron Parish

G2 LNG LLC announced plans Monday to build an $11 billion natural gas liquefaction facility in Cameron Parish that will be able to export 15.4 million 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. The project is expected to support 3,500 construction jobs and create more than 250 permanent jobs, averaging over $85,000 per year.

G2’s leadership consists of former Louisiana Gov. Buddy Roemer, G2’s chairman and a founder of Business First Bank; President Thomas Hudson, an attorney, former Louisiana state senator and former chief of staff for former U.S. Sen. John Breaux; Executive Vice President Eugene Ji, a Baton Rouge businessman and one of the founders of Business First Bank; and Nebojsa Bukumarovich, vice president-Europe, a trade expert, entrepreneur and member of the 1986 LSU NCAA Final Four basketball team.

$11 billion LNG project announced for Cameron Parish

An $11 billion liquefied natural gas export project was announced Thursday to be placed on the banks of the Calcasieu River Ship Channel in Cameron Parish.

The facility, operated by Louisiana-based company G2 LNG, will export 14 million tons of LNG. It will be the fourth-largest capital investment in the history of Louisiana, according to company officials.

“The G2 LNG project has several unique advantages that have led to advanced discussions with potential customers in Asia, Europe, India and the Caribbean,” said former Gov. Buddy Roemer, G2 chairman.

Louisiana firm plans $11B LNG export facility in Cameron Parish

A Louisiana-based firm for which former Gov. Buddy Roemer is chairman says it expects to break ground on a new $11 billion liquefied natural gas export facility on the Calcasieu River Ship Channel in Cameron Parish in mid-2017. If all goes according to plan, the facility will come online for LNG exports in 2020, officials from G2 LNG LLC announced today.

The proposed facility is expected to export about 14 million metric tons of LNG annually to countries around the world, the company says in a news release.

Workers will break ground in mid-2017 on the new $11-billion G2 LNG facility.

“The G2 LNG project has several unique advantages that have led to advanced discussions with potential customers in Asia, Europe, India and the Caribbean,” Roemer says in a prepared statement.

The company has received permission from the U.S. Department of Energy to export LNG to Free Trade Agreement countries and is awaiting a decision in 2017 from DOE on its application to export to non-FTA countries.

Company announces plans for major LNG facility in Cameron

CAMERON — A Louisiana-based company says it plans to build a massive facility along the Calcasieu River ship channel to export liquefied natural gas.

Baton Rouge-based G2 LNG says it plans to construct an $11 billion liquefied natural gas exporting facility. If built, it would be one of the largest capital investments in Louisiana’s history, according to the company.

Before construction can begin, though, the company needs approval from federal agencies.

Buddy Roemer among backers for $11 billion LNG plant

Former Gov. Buddy Roemer is part of a team proposing a massive facility along the Calcasieu River ship channel to export liquefied natural gas.

Baton Rouge-based G2 LNG plans to construct an $11 billion liquefied natural gas exporting facility. If built, it would be one of the largest capital investments in Louisiana’s history, according to the company.

“The G2 LNG project has several unique advantages that have led to advanced discussions with potential customers in Asia, Europe, India and the Caribbean,” said Roemer, the company’s chairman.

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