The once destroyed community that's now a global energy giant
Summary
Cameron Parish in Louisiana was devastated by Hurricane Rita in 2005, but it has since become a major center for exporting liquefied natural gas (LNG). The area now hosts the world’s largest LNG export terminal and is expected to generate over $4 billion in tax revenue during the next decade.Key Facts
- Hurricane Rita in 2005 destroyed or badly damaged over 90% of homes in Cameron Parish.
- The Sabine Pass LNG terminal in Cameron Parish is the largest LNG export terminal in the world and started exports in 2016.
- LNG is natural gas cooled to -162°C so it becomes liquid, shrinking its volume and making storage and shipping easier.
- Cameron Parish has two more LNG terminals, with a fourth one under construction costing $13 billion.
- The new Commonwealth LNG terminal aims to produce 9.5 million tonnes of LNG annually by 2030.
- Louisiana ships about 60% of the U.S. LNG exports, and Cameron Parish is responsible for two-thirds of Louisiana’s total export.
- Tax revenues from all LNG terminals in Cameron Parish are expected to exceed $4 billion over the next 10 years.
- Local household income in the parish increased by 25% from 2010 ($59,555) to 2024 ($75,000).
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