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Port board approves option-to-lease with Energy Transfer for liquid export infrastructure
Summary
The Port of Lake Charles approved option-to-lease agreements with Energy Transfer for dockside liquid loading arms and an option on a ~275-acre tract; staff described the proposal as a significant investment with potential major throughput for the port.
The Port of Lake Charles Board of Commissioners on Oct. 20 authorized the executive director to enter into option-to-lease agreements with Energy Transfer that would allow the company to install dockside liquid-loading arms and to option a roughly 275-acre tract south of Lincoln Road for potential liquid export operations.
Staff told the board the agreements are tied to two instruments: an option and an…
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