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US regulators recommend Venture Global's CP2 LNG project get greenlight
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US regulators recommend Venture Global's CP2 LNG project get greenlight
May 26, 2025 5:32 AM

(In May 9 story, corrects to clarify that the additional review

was ordered by FERC, not by U.S. Court of Appeals, paragraph 5.

In same paragaph, deletes reference to the court orderng FERC to

reconsider the ramifications of the CP2 project on the air

quality. )

HOUSTON, May 9 (Reuters) - U.S. federal regulators

recommended in a final environmental report that Venture

Global's ( VG ) proposed CP2 liquefied natural gas export

project in Louisiana get the go-ahead, according to a government

document filed on Friday.

If constructed, CP2 will be the single largest LNG export

facility in the U.S. and help the country remain the world's

largest exporter of the superchilled gas.

Venture Global ( VG ) already obtained approval to construct the 28

million tonnes per annum plant, but was forced to conduct an

additional environmental review of air quality impact following

a court ruling.

The study concluded that the project should be allowed to

continue, the document from the Federal Energy Regulatory

Commission showed.

The additional review followed an August 2024 decision from

the U.S. Court of Appeals for the District of Columbia Circuit

that quashed FERC approval of rival LNG exporter NextDecade's ( NEXT )

plant at the Port of Brownsville, Texas. In light of

the court ruling, FERC decided to review the CP2 project's

impact on air quality.

CP2 has been at the center of a fight between the energy

sector and environmentalists seeking to limit future LNG

projects on the U.S. Gulf Coast.

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