A new report highlights the economic benefits of the seven liquified natural gas (LNG) export facilities that are currently proposed or under construction in Texas. America’s surplus of natural gas due to innovations in fracking and horizontal drilling, along with rising global demand, has made the Gulf Coast a prime location for LNG export facilities. Texans for Natural Gas argue that the projects will have an economic impact of more than $145 billion.
The seven projects in Texas are: the Texas LNG project, Golden Pass LNG, Rio Grande LNG, Freeport LNG, Port Arthur LNG, Annova LNG and the Corpus Christi LNG project. In the Port of Brownsville, another three projects have been proposed.