Timing & Future of Venture Global’s CP2 LNG Project Murky

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murky
The timing (even the very future) for Venture Global's proposed Calcasieu Pass 2 (CP2) LNG export plant is murky at best. The Federal Energy Regulatory Commission (FERC) in June issued a 2-1 decision to approve the project (see FERC Approves Expansion of Venture Global’s CP LNG Export Plant). However, the project is on hold (with more than a dozen other projects) from Joementia's "pause" on new export approvals that began in January (see White House Makes it Official – Biden Declares War on LNG Exports). Even if President Trump overturns Biden's pause on LNG approvals and stamps "approved" on CP2's application on January 20th, there's still a major roadblock.

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