Lake Charles, LA – The Louisiana Energy Export Association (LEEA) recently signed an agreement to become an affiliate of the Southwest Louisiana Economic Development Alliance/Chamber SWLA. LEEA represents Louisiana liquefied natural gas (LNG) companies that intend to produce LNG to be exported to the world.
Maury Hudson, Vice President of Operations and Maintenance, with LNG Limited (Magnolia LNG) and LEEA Chairman, said the new relationship provides an environment for LEEA to enhance its ability to be the leader in educating the public and Louisiana policy makers on member companies’ positive impacts to the state’s economy.
“LEEA is the authoritative voice of the state’s LNG industry with members proposing to invest approximately $60 billion into the Louisiana economy over the next 10 years,” he said. “Local, state and national economies are benefiting from LNG investments and LEEA is here to tell that story in Louisiana.”
Over the last two years, LEEA has made substantive contributions to creating a positive operating environment for Louisiana LNG companies through LNG Day during the state legislative session and the group’s successful effort in advocating for Louisiana Amendment 1 in 2017. Amendment 1 led to changes in “construction work in progress” (CWIP) legislation and now exempts building projects from property taxes until they are completed.
George Swift, President and CEO of the Alliance, said his agency will assist LEEA in managing business and communications matters.
“We are honored that LEEA is an affiliate member of the Alliance. Our agency will provide resources that will allow the organization to grow and be successful,” he said. “Having LEEA’s presence in Southwest Louisiana makes sense because of the investment LNG companies have made in Calcasieu and Cameron parishes.”
LEEA’s seven member companies are: Commonwealth LNG, Delfin LNG, Driftwood LNG , G2 LNG, Lake Charles LNG, Magnolia LNG, and Shell.
The Louisiana Energy Export Association: is a member driven trade association representing the liquefied natural gas production sector in Louisiana. LEEA brings together leaders in the Louisiana LNG industry to consider matters relating to industry business, to foster education and understanding of shared challenges, and to promote policies beneficial to the industry before federal, state and local government agencies. For more information about LEEA, visit www.laenergyexports.com.
The Chamber Southwest Louisiana and The SWLA Economic Development Alliance: To streamline economic development efforts throughout the region, the Chamber SWLA, its Foundation, and the SWLA Partnership for Economic Development joined forces in October 2006 to form the SWLA Economic Development Alliance. Since its formation, the Alliance has played an integral role promoting Southwest Louisiana as a great place to live, work, and raise a family. For more information about the Alliance/Chamber SWLA, visit www.allianceswla.org.