By Steve Wilson
Companies, start your investments.
An energy boom might be headed for the Gulf Coast region thanks to increased demand in Asia for liquified natural gas. Already, the permitting process is filled with companies eager to reconfigure older facilities for LNG exports, with several of them on the Gulf Coast.
Houston-based Cheniere Energy is nearing completion of a $12-billion export facility on the Louisiana side of Sabine Lake, near Port Arthur, Texas, which is expected to begin exporting LNG in 2015.
Sempra International received a permit from the Federal Energy Regulatory Commission earlier this month to expand its LNG terminal in Hackberry, La. for exports.
Kinder-Morgan has long-term plans to convert its existing import facility in Pascagoula, Miss., at the Bayou Cassotte Industrial Park into an export facility.
Read more: http://watchdog.org/130420/ms-gulf-coast-lng-boom/