Louisiana Gas and Oil Operations to Expand as Shell Announces Selection Of Ascension Parish For A Potential World-Scale, Gas-To-Liquids Facility
Governor Bobby Jindal and Shell announced the selection of Ascension Parish as the location for a potential natural gas-to-liquids (GTL) facility. According to the terms of an incentive agreement with the state, the company at a minimum would spend $12.5 billion and create 740 direct jobs, should the project be built. The expected average annual salary of the direct new jobs would be approximately $100,000, plus benefits.
Governor Jindal said, “For more than six decades, Shell has pursued oil exploration and production in both Louisiana and offshore in the Gulf of Mexico, employing thousands of our people with high-paying energy jobs. Today’s announcement is a historic new opportunity for Shell to potentially expand its manufacturing operations onshore in a world-class, gas-to-liquids facility in Ascension Parish on the Mississippi River. Here in the heart of Louisiana’s world-scale petrochemical industries, the Gulf Coast GTL project would give thousands more of our people an opportunity for a rewarding career right here at home. We know that the final investment decision is yet to come, but we also know that Shell’s selection of Louisiana proves once again that there’s no better place in the world for major business investment. Shell joins many companies who are expanding in Louisiana because of our strong business climate, outstanding energy and chemical infrastructure and our highly skilled workforce.”
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