The first natural gas liquefaction and fueling facility in Louisiana is slated for construction in Baton Rouge starting next year. The project will be completed in 18-24 months and provide 100 jobs at its peak season; estimates also approximate an additional 30 indirect full time jobs. The plant, called Tenaska Bayou LNG, is under the purview of Waller Marine, Inc. and Tenaska NG Fuels, LLC. The pair announced yesterday that they have agreed to develop, construct, own and operate the facility together. Once Tenaska Bayou starts producing, (projected for 2017) it will have a capability of 200,000 gallons of LNG daily. Tenaska Bayou will administer its own commodity risk management program. The projected increase in job growth in Louisiana, especially in utilities, has been noted as one of the issues facing the workers’ comp community in the near future.
Read full coverage from Biz Magazine here.
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