Port Arthur LNG - Fossil Free RBC

Port Arthur LNG

The proposed Port Arthur LNG project is a fracked gas export terminal based on the Gulf Coast in Southeast Texas. The development of a fracked gas export terminal will severely harm Black and Brown residents in Port Arthur, exposing them to severe health risks from air, water and land pollution.

Total Financing from RBC:

RBC's Financing

RBC provided $350 million in financing to Port Arthur LNG in 2023.

RBC on the Gulf Coast

RBC finances 7 fracked gas export terminals on the Gulf Coast.

The Details on Port Arthur LNG

Credit: Greenpeace

The proposed Port Arthur LNG project continues a legacy of making the US Gulf Coast into a climate sacrifice zone, threatening the lives of Black and Brown community members in the area. Frontline leaders on the Gulf Coast have called out financial institutions like RBC for funding climate devastation in the region. RBC finances 7 fracked gas export terminals on the Gulf Coast, in addition to other oil and gas projects in the region.

The impacts of environmental degradation and fossil fuels in the region have included chronic toxic air and water pollution, increased severity of hurricanes and other climate disasters, and continuous threats to the health and safety of community members, in particular risking the wellbeing of Black communities that live near extractive projects like Port Arthur LNG

Project Details:

  • Location

    Port Arthur, TX

  • Project Type

    LNG Export Terminal

  • Communities

    Karankawa Kadla, Atakapa Ishak Nation, predominately Black and Hispanic community

  • Name of company building project

    Sempra (lead), Port Arthur, KKR, ConocoPhillips