Penn American Energy is in the early stages of developing a $6.8 billion liquefied natural gas (LNG) export terminal in Pennsylvania, the nation’s second largest producer of natural gas. Texas is the top producer.
The company has evaluated sites in Pennsylvania, New Jersey, and Delaware but has settled on a not-yet-specified location on the Delaware River, likely near the port of Philadelphia, according to testimony by Frank James, founder and chairman of Penn American Energy, speaking during an October hearing of the Pennsylvania Senate Environmental Resources and Energy Committee.
