Billions of dollars worth of investment and thousands of jobs are coming to the Rio Grande Valley (RGV) after Liquified Natural Gas (LNG) projects were approved by the federal government.

The Rio Grande LNG Project will develop, own, operate and maintain a natural gas pipeline system to access natural gas from the Agua Dulce Hub and an LNG export facility in south Texas. It’s slated to export 27 million tons of LNG a year to the global market. The Rio Grande LNG Terminal Project will provide LNG for truck transport and fueling operations.

The LNG export industry has become “a vital engine of economic growth and infrastructural development for Texas,” Texans for Natural Gas, a project of the Texas Independent Producers and Royalty Owners Association, argues. It “contributes a whopping $43.8 billion toward the U.S. GDP, and generates $11 billion in tax and royalty revenues for local, state and federal governments,” The Center Square reported.

Read the full story by Bethany Blankley at The Center Square