HomeMy WebLinkAbout030068 RES - 01/28/2014RESOLUTION
Supporting the exportation of liquefied natural gas from the Coastal Bend and supporting
Cheniere Energy's permit application with the Federal Energy Regulatory Commission and the
Department of Energy for the Corpus Christi LNG Liquefaction facility at the LaQuinta Channel.
Whereas, plentiful natural gas supplies and unprecedented advances in technology provide a historic
opportunity for the United States to achieve energy self - sufficiency while creating jobs and wealth for
our economy; and
Whereas, oil and gas exploration and production in the Coastal Bend in 2012 created $61 billion in
economic impacts, supported 116,000 jobs, and generated more than $1 billion in local government
revenue for the 20- county region of South Texas, according to the University of Texas —San Antonio's
Institute for Economic Development; and
Whereas, oil and gas development in the Coastal Bend is projected to generate $89 billion in economic
activity and support 127,000 jobs for the 20- county region by 2022, according to the University of
Texas -San Antonio's Institute for Economic Development; and
Whereas, expanding exports of liquefied natural gas (LNG) is a key component to helping the United
States realize its potential as a global energy leader while creating hundreds of thousands of jobs and
strengthening the U.S. economy; and
Whereas, Corpus Christi Liquefaction, LLC, a subsidiary of Cheniere Energy, is developing a liquefied
natural gas (LNG) export terminal on the northeast side of Corpus Christi Bay on the LaQuinta Ship
Channel in San Patricio County within the City of Corpus Christi's extraterritorial jurisdiction at one of
Cheniere's existing sites that was previously permitted for a regasification terminal; and
Whereas, Cheniere Energy plans to invest approximately $11 billion to construct a 2.1 billion cubic feet
per day LNG liquefaction facility and is estimated to employ 3,000 workers on the site for five years
during construction; and
Whereas, the Corpus Christi Liquefaction facility will permanently employ over 200 people in the
Coastal Bend, and operations over the long -term are projected by the Perryman Group to support
approximately 2,100 local jobs and contribute $240 million in economic activity to the region each year;
and
Whereas, steady demand created by LNG exports from Corpus Christi Liquefaction would, according
to the Perryman Group, support stable long -term investment, employment and royalty collection by the
Texas oil and gas industry for over 25 years, creating $4 billion per year in economic activity,
supporting over 45,000 jobs in the Texas oil and gas sector, and generating over $5 billion in cumulative
tax benefits to the State of Texas; and
Whereas, expanding markets for U.S. natural gas is consistent with U.S. trade and national security
interests; and
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Whereas, Cheniere signed a 20 -year LNG sale and purchase agreement with Pertamina for 0.8 mtpa (90
mmcfd); and
Whereas, Cheniere Energy designed the LNG terminal and pipeline to meet or exceed U.S. federal
codes and standards; and
Whereas, Cheniere was named by the Coastal Bend Bays Foundation as the Corporation of the Year in
2013 for making efforts to restore the Coastal Bend's marsh environment and coastline by working
closely with the State of Texas and the U.S. Army Corps of Engineers to utilize dredging materials to
restore Causeway Island and rock abatements to protect Shamrock Island, both essential rookeries.
THEREFORE, BE IT RESOLVED THAT the City of Corpus Christi hereby expresses its support for
exports of liquefied natural gas due to the positive economic impact those exports will have on the
Coastal Bend area; and
BE IT FURTHER RESOLVED THAT this resolution be forwarded to the Federal Energy Regulatory
Commission and the Department of Energy to encourage those agencies to streamline and expedite
permit approval of the Corpus Christi LNG Liquefaction facility so that the economic benefits of LNG
exports can be realized throughout the region and the country.
PASSED AND ADOPTED this
APPROVED this
day of �� k-
day of
This resolution takes effect upon City Council approval on this the
2014.
ATTEST:
I4414-Z■
Rebecca Huerta
City Secretary
Corpus Christi, Texas
,20 .
ZC1 -f -t-.-
U day of January,
THE CITY 0 CORPUS CHRISTI
M- Tom,
Ne a Martinez
Mayor
Corpus Christi, Texas
The above resolution was passed by the following vote:
Nelda Martinez
Kelley Allen
Rudy Garza
Priscilla Leal
David Loeb
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0300138
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott
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030068