Louisiana - Industrial Tax Exemption - Lake Charles LNG Export Company, LLC

Company:

Lake Charles LNG Export Company, LLC

Parent Company:

Energy Transfer

Subsidy Source:

local

Location:

Louisiana

City:

Lake Charles

County:

Calcasieu

Address:

8100 Big Lake Road

NAICS Industry Code:

325199

Project Description:

Addition

Year:

2015

Major Industry of Parent:

pipelines

Specific Industry of Parent:

pipelines

Subsidy Value:

$1,787,600,000

Program Name:

Industrial Tax Exemption

Awarding Agency:

Commerce & Industry Board

Type of Subsidy:

MEGADEAL

Source of Data:

The subsidy value and project description came from entries for Lake Charles LNG Export Company for the Industrial Tax Exemption program on the 2015 Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/docs/default-source/Performance-Reporting/c-i-board-approvals/ci_boardincentiveapprovals2015.pdf?sfvrsn=180 See also the project description at the Energy Transfer website (accessed on April 20, 2016): http://www.energytransfer.com/investment_lc_lng.aspx?p=ete

Notes:

Lake Charles LNG Export Company, LLC is a subsidiary of Energy Transfer, a Texas-based company. The package consists of three 10-year property tax exemptions related to the capital investment and construction of three liquefaction train lines at the project site. Overlap with main Subsidy Tracker data: three entries for Industrial Tax Exemption for Lake Charles LNG Export Company, LLC in 2015.

Source Notes:

If an online information source is not working, check the Tracker inventory page for an updated link.

Louisiana - Industrial Tax Exemption - Lake Charles LNG Export Company, LLC

Subsidy Tracker Individual Entry