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Port extends option agreement for Lake Charles Methanol 2 and hears project update

Lake Charles Harbor Terminal District · November 25, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved an amendment to extend Lake Charles Methanol 2's option agreement. CEO/COO Linda Miller told the board the air permit was issued Oct. 23, a draft water permit has a Dec. 19 hearing, financing discussions are ongoing, and construction cost estimates remain under refinement.

The Lake Charles Harbor Terminal District on Nov. 25 approved Submission 2024-050, authorizing an amendment to extend the option agreement for Lake Charles Methanol 2. The board adopted the extension by voice vote after a detailed project update from Linda Miller, who identified herself as chief executive chief operating officer of Lake Charles Methanol 2.

Miller said the company received its air permit on Oct. 23 and that the permit becomes final if unappealed after a…

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