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Louisiana’s Argent LNG sets deal with government of Bangladesh

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Louisiana’s Argent LNG sets deal with government of Bangladesh


HOUSTON (Reuters) – Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday.

This is the first major U.S. LNG supply deal since President Donald Trump took office on Monday, and according to the parties, reflects industry confidence in the new administration’s pro-energy policies.

Since coming to power Trump has taken executive action to end the Department of Energy’s pause on licenses to export the super-chilled gas to countries that do not have free trade agreements with the United States, as he tries to increase U.S. exports of LNG. The United States is already the largest exporter of LNG in the world and is expected to double its capacity by 2028, according to the U.S. Energy Information Agency.

If the Argent LNG project in Port Fourchon is completed, its cargoes could be sold to Petrobangla, a Bangladesh state-owned company, according to the agreement.

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“This agreement not only ensures a reliable energy supply for Bangladesh’s expanding industrial base but also strengthens our strategic partnership with the United States,” said Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority.

Bangladesh has been seeking long-term solutions to its energy demands and has been trying to move toward increased use of LNG. But the country is also price sensitive and in 2022, as LNG prices spiked due to Russia’s invasion of Ukraine, it reverted to burning cheaper coal.

(Reporting by Curtis Williams in Houston; Editing by Mark Porter)



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Louisiana

Louisiana economic development on the rise?

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Louisiana economic development on the rise?


ALEXANDRIA, La. (KALB) – Economic development is on the rise in Cenla and across the Pelican State, and leaders hope to capitalize on it.

Adam Knapp was the keynote speaker at a meeting for the Rotary Club of Alexandria this week. He leads the organization “Leaders for a Better Louisiana” as its CEO.

Adam Knapp(KALB)

Knapp said the biggest concern they’ve seen is that some regions of the state do really well with development and some have had a tougher time of it.

What Knapp said he’s been impressed by is the state writing a brand new economic development strategy plan, which he said hasn’t been done in almost 20 years.

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“They did that where they kind of quilted together a plan from Louisiana Central, a plan from Southwest Louisiana, from Northeast, Northwest Louisiana, and they said, ‘We need a statewide plan that is a combination of all the things all our metro areas need in order to drive successful economic development visions forward,’” he explained.

Knapp said it’s up to citizens and community leaders to ask for a focus on jobs from state leaders.

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Louisiana State Police seek help identifying pedestrian killed while walking along I-55

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Louisiana State Police seek help identifying pedestrian killed while walking along I-55


Louisiana State Police said Monday they are looking for any information that could help identify a pedestrian who was killed late last month while walking along Interstate 55 on the northshore. 

The pedestrian, a Black man with dreadlocks thought to be between the ages of 18 and 25, was killed early on Oct. 27 when he was hit by two cars on I-55 in Hammond. The man had “T.B.T.” tattooed on his inner left arm and “Long Live LJ” on the inside of his right arm. He was about 5 feet 9 inches tall. 

Anyone with information that could help identify the man is urged to contact Louisiana State Police at (985) 893-6250.



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Mud, sweat and cheers: Volunteers plant mangroves to protect Louisiana coast from erosion

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Mud, sweat and cheers: Volunteers plant mangroves to protect Louisiana coast from erosion


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  • Volunteers planted trees and grasses to help protect Louisiana’s coast from erosion.
  • The planting effort is part of a larger project to fortify 34 man-made islands between Fourchon and Grand Isle.
  • These islands and their new vegetation are designed to act as a barrier against storm surges.
  • The project was organized by the environmental groups Restore or Retreat and Ducks Unlimited.

Twenty-five volunteers slipped and sloshed through mud to plant trees Nov. 7 and 8 to shield Louisiana’s coast.

Restore or Retreat and Ducks Unlimited rallied volunteers to plant 12,000 black mangroves and 12,000 Vermillion smooth cordgrass plants along the edges of 34, 1,000-foot-long, man-made mud islands located between Fourchon and Grand Isle. The volunteers went out on four boats, armed with gloves, two augers and four dibble bars to finish the last nine islands and plant the last 6,000 trees.

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“Your back does feel it by the end of the day,” Restore or Retreat’s Executive Director and Louisiana State Rep. Joseph Orgeron said as he demonstrated to volunteers how to use the auger. “Polly, why don’t you show them the dibble dance?”

Project Coordinator Polly Glover plunged the dibble bar into the soft mud and wiggled it to create an indention for the grass. The dibble bar had a flat, almost paddle-like shape on one end, with a T-shaped handle on the opposite end.

Earth, Wind, and Fire’s “Boogie Wonderland” played over a cellphone as volunteers swarmed the edges of the islands. Everywhere they touched went from black mud to patches of green. Curious dolphins and stone crabs popped up to investigate the commotion.

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The small islands act as a barrier against storm surges, Orgeron said, by truncating the initial surge and slowing the progress of water. The roots of the plants will act as anchors, holding the land in place against erosion, and the trees also will help block the wind.

Volunteer Tina Dieudonne traveled from New Orleans to help with the planting.

“Because I believe conservation in the state must be done,” she said as she planted the grass. She said the lock and levee systems weren’t enough alone. “Even with the large steel walls, we still lose the land real fast.”



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