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First in Fox: The Secretary of Energy, Chris Wright, and the Secretary of the Interior, Doug Burgum, travel to an exporter of Liquefied Natural Gas with headquarters in Louisiana on Thursday, since the company announces a massive expansion of $ 18 billion of its existing installation, a measure Trump administration He says he sends a “signal to the rest of the world that the domain of American energy has returned.”
Wright and Burgum will spend Thursday on Thursday announcing the global liquefied natural gas exporter. investment By expanding its export installation of the platelet parish. The governor of Louisiana, Jeff Landry, will join the cabinet secretaries.
The installation was approved by the President Donald Trump In 2019 during its first term, together with the company’s first installation, Calcasieu Pass. Both facilities have begun the production of liquefied natural gas in just five years.
President Donald Trump speaking at Cameron LNG Export Terminal in Hackberry, Louisiana, in 2019. (Scott Clause/USA Today)
The US liquefied natural gas exports were able to replace a substantial amount of gas supply to Europe after Russia invaded Ukraine in 2022.
Trump lifted former President Joe Biden on the new liquefied natural gas Export permits. The National Manufacturers Association conducted a study on the Biden ban that found that almost 1 million jobs would be threatened by the liquefied natural gas pause during the next two decades if the restriction remained in place.
It is expected that the installation of Liquefied Natural Gas, Louisiana, will produce approximately 27 million tons per year (MTPA) of liquefied natural gas, but with the additional investment, it is expected to provide a total production capacity of more than 45 MTPA in the platelets.
Interior Secretary, Doug Burgum, during a confirmation hearing of the Senate Energy and Natural Resources Committee in Washington, DC, on January 16, 2025. (Al Drago/Getty Images)
“President Trump’s vision to unleash our energy potential, reduce inflation and sell energy to our allies is pointing to the world that the United States has returned,” Burgum told Fox News Digital. “By investing in the American energy domain, the administration is empowering companies such as Venture Global and its workers’ employees so that the United States is again great.”
Burgum told Fox News Digital that the success of facilities such as the Natural Gas Export Operation Parish “is proof that the next ‘gold age’ of the United States is underway.”
In addition, Wright told Fox News Digital that in the first period of Trump, he and the energy department “ended the failed prohibition of the Biden-Harris administration” on the export permits of liquefied natural gas, “sending a signal to the rest of the world that has returned the domain of US energy.”
The Secretary of Energy Chris Wright, in the photo here, and the Secretary of the Interior, Doug Burgum, travel to an exporter of Liquefied Natural Gas with headquarters in Louisiana on March 6, 2025. (Al Drago/Getty Images)
“Thanks to President Trump’s leadership, companies are investing again in the United States,” Wright said. “Only 50 days later, the American people are already seeing the impacts of the energy domain agenda, and this is just the beginning.”
Trump lifts the Biden LNG pause, increases oil drilling during the first days in office
Platemine planned expansion is expected to consist of 24 trains and would represent an additional investment of approximately $ 18 billion in Louisiana, carrying the total global venture investment in US projects to more than $ 75 billion.
The CEO of Venture Global, Mike Sabel Sabel, told Fox News Digital that the expansion makes the platelets “the largest” liquefied natural gas export installation “built in North America”, and said that supplying liquefied natural gas to the US allies will have a “substantial impact on the United States trade balance.”
“We believe that this flexible incremental capacity will position us to quickly respond to market growth signals,” said Sabel. “In a capital intensive basic industry, capital will always flow to the most competitive projects, and we believe that an expansion of platelets is one of the most efficient economically available opportunities to meet the demands of natural gas in growth.”
President Donald Trump, center, with, from left to right, the administrator of the EPA, Lee Zeldin, the Secretary of Energy Chris Wright, the Secretary of the Interior Doug Burgum and the Secretary of Transportation Sean Duffy. (Demetrius Freeman/The Washington Post through Getty Images)
Sabel also promoted the Trump administration for creating “the best regulatory environment in decades.”
The expansion is also expected to support hundreds of new Louisian jobs and tens of thousands of indirect jobs of subcontractors, partial already full time throughout the state, and more than 30 states throughout the country.
“Today’s announcement is the result of President Trump’s dedication to strengthen our energy infrastructure,” said Louisiana governor Jeff Landry, Fox News Digital. “Under President Trump, Louisiana is now at the forefront of supplying GNL to our allies and bringing the United States to the independence of energy once again.”
You can see a cistern natural gas truck in Port Canaveral, Florida. (Malcom Denemark/Florida today)
Mass visit and investment occur a few days after Trump’s first speech from his second term to a joint session of the Congress. The president promised to “make the United States again affordable” reducing the cost of energy.
“An important approach to our struggle to defeat inflation is to quickly reduce the cost of energy, “the president said during his speech.” We have more liquid gold under our feet than any nation on earth and, with much. … And now I completely authorize the most talented team ever gathered to go and get it. ”
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He added: “It’s called drill, baby, drill.”
The Court of Energy Prices was one of the many promises of the Trump campaign before being chosen in November 2024. In a statement in State College, Pennsylvania, Trump promised to lift the United States break In the United States, liquefied natural gas export terminals.
