Get Ready for More LNG: Venture Global gains FERC Approval for 20MT CP2 Liquefaction and Export Terminal

    June 6, 2025
    Various reports indicated that CP2 will become one of the largest U.S. LNG export terminals. The FERC order indicated that it could liquify and export close to 20 million metric tons of LNG per year, maybe as high as 28 million tons under optimal operating conditions.
    Aerial of CP2 work. Image credit Venture Global/Business Wire
    68432f152458b2d2068e1010 Cp2 Site Work

    Liquified natural gas exporter Venture Global has begun site work to construct its third U.S. LNG facility along the Louisiana Gulf Coast

    The CP2 LNG project has received final regulatory approval and notice to proceed from the Federal Energy Regulatory Commission, and also gain its export authorization from the U.S. Department of Energy. CP2 LNG follows two other LNG projects by Venture Global—the Plaquemines and Calcasieu Pass facilities.

    “Venture Global applauds the Commission and FERC staff for their continued work to advance critical U.S. energy projects like CP2 LNG that support our allies abroad and thousands of jobs here at home,” said Mike Sabel, CEO of Venture Global, in a statement. “With all federal approvals now in hand we are excited to announce that we have launched on-site work for this Project, which is expected to deliver reliable low-cost LNG to the world starting in 2027. I am proud of our team and their relentless commitment to execution which has enabled our company’s historic achievements and rapid growth from a start-up to breaking ground on our third LNG export facility since 2019.”

    CP2 is being designed to provide U.S.-produced LNG to customers in Europe, Japan and elsewhere around the world. LNG is natural gas which chilled to minus 260 degrees Fahrenheit to liquify it and make it stable for shipping transport.

    Various reports indicated that CP2 will become one of the largest U.S. LNG export terminals. The FERC order indicated that it could liquify and export close to 20 million metric tons of LNG per year, maybe as high as 28 million tons under optimal operating conditions.

    The CP Express Pipeline would deliver the gas from Texas to Louisiana.

    The U.S. is the world’s largest producer and exporter of LNG at more than 15 billion cubic feet per day of gas liquefaction capacity, according to a report by Congress. Domestic production and exporting of LNG began nearly 10 years with the completion and operations of Cheniere Energy’s Sabine Pass LNG terminal.

    While Sierra Club and other environmental groups condemn the rise in the U.S. LNG and natural gas production, others see it as both a “bridge fuel” to renewable energies and a cleaner baseload or flexible fuel alternative to coal-fired power.

    About the Author

    Rod Walton, EnergyTech Managing Editor | Managing Editor

    For EnergyTech editorial inquiries, please contact Managing Editor Rod Walton at [email protected].

    Rod Walton has spent 15 years covering the energy industry as a newspaper and trade journalist. He formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    Walton earned his Bachelors degree in journalism from the University of Oklahoma. His career stops include the Moore American, Bartlesville Examiner-Enterprise, Wagoner Tribune and Tulsa World. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids. The C&I sectors together account for close to 30 percent of greenhouse gas emissions in the U.S.

    He was named Managing Editor for Microgrid Knowledge and EnergyTech starting July 1, 2023

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.

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