<span class="R~sep~ACopyBody">The U.S. Federal Energy Regulatory Commission on Friday approved the construction of Magnolia LNG’s multibillion-dollar midscale liquefied natural gas export facility in Lake Charles. The project will consist of four LNG trains, which will be built on 120 acres near the intersection of Henry Pugh Boulevard and Big Lake Road. Magnolia officials said each train will produce 2 million tons of LNG a year and produce revenue of $4.5 billion-$4.8 billion over 20 years.</span>

<span class="R~sep~ACopyBody">The FERC order means the company completed the environmental regulatory and permitting process and is now one step closer to receiving a U.S. Department of Energy license to export LNG to countries that don’t have free-trade agreements with the United States. Magnolia already has an FTA license for up to 8 million tons per year.</span>

<span class="R~sep~ACopyBody">Ernie Megginson, Magnolia’s vice president of project management, said the local project is one of few in the country to receive the FERC order.</span>

<span class="R~sep~ACopyBody">“It’s a significant milestone not only for us but for Lake Charles as well,” he said.</span>

<span class="R~sep~ACopyBody">Last month, company officials said the global demand for LNG was 250 million tons. The demand is expected to grow to 500 million tons over the next 30 years, and the company will fit well into the market, officials said.</span>

<span class="R~sep~ACopyBody">The project is expected to generate over 1,000 construction jobs, 70-80 permanent jobs and 175 indirect jobs.</span>

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