Energy Jobs - Nothing To Do With the Bakken

Wow, talk about putting a lot of pieces together. Link to PR Newswire here.

Location: Lake Charles, Louisiana
Construction jobs: 1,500
Permanent jobs: 165

The scheme

Lake Charles Clean Energy, LLC, a subsidiary of Leucaida Energy, LLC, contracts with:

• BP 
• Air Products and Chemicals
• Denbury Onshore

Project: cleanly manufacture industrial products from petroleum coke, the first of its kind in the US

Data points:

• LCCE: to become one of the world's lowest-cost producers of methanol, hydrogen, argon
• will capture, compress 90% of CO2
• BP will purchase the methanol
• Air Products will purchase the hydrogen and argon
• Denbury will purchase the CO2 for EOR
• $2.5 billion
• up to 1,500 construction jobs during the 3 - 4 year construction period, beginning in 20131
• multiple federal and state tax incentives, including a $128 million federal investment tax credit