Global Trade Alert
Global Trade Alert

United States of America/State of Louisiana: $2.2 billion property tax exemption for LNG export facility

Announcement

03 May 2012

On May 3, 2012 Governor Bobby Jindal of Louisiana reached agreement with Sempra Energy to develop a $6 billion natural gas liquefaction export facility at the site of Sempra’s existing Cameron liquefied natural gas (LNG) receiving terminal in Hackberry, Louisiana. The incentive package provided to Sempra Engery includes a requirement to hire locally.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 May 2012

Revocation date:

No revocation date

Updated: 03 May 2012
Tax or social insurance relief In force
The company will utilize Louisiana’s Quality Jobs and Industrial Tax Exemption Program incentives on the project. According to data posted by the Louisiana Commerce & Industry Board disclosure sit...
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