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🚨NEW: Venture Global Launches Site Work at CP2 LNG Following Federal Approval
✅ CP2 is Venture Global’s Third Facility to be Built in Last Five Years
✅Upon completion, Venture Global expected to become the largest LNG exporter in the United States, second largest in the world
✅Project expected to bring new LNG supply to global market beginning in 2027
Courtesy of Venture Global LinkedIn
Venture Global, Inc. ($VG) announced today that it has initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG. The launch of the site work comes shortly after CP2 received final approval and Notices to Proceed from the Federal Energy Regulatory Commission (FERC) on the Project, and weeks after receiving its non-FTA export authorization from the U.S. Department of Energy.
“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. “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.”
Via Company’s LinkedIn
