Economic Benefits

 

 

Thousands of Jobs, Billions of Dollars in Investment

The Golden Pass LNG export project will create thousands of jobs and generate billions of dollars of growth in local, state and U.S. economies.

The project is an approximately $10 billion investment in infrastructure on the Gulf Coast, which will generate billions of dollars of economic growth and millions of dollars in annual taxes to local, state and federal governments.

According to a 2019 study performed by The Perryman Group, over the life of the project, Golden Pass LNG’s investment will create approximately $34 billion in U.S. economic gains (gross product) and generate $5 billion in taxes for the United States at local, state and national levels.

The project will also generate tens of thousands of jobs across the life of the facility, including approximately 19,000 construction jobs over five years with peak employment reaching around 7,000 jobs. During operations, the project will generate around 5,200 direct and indirect jobs for the life of the facility, including more than 200 new, permanent jobs.

 

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