Venture Global has received federal approval to begin construction on its CP2 liquefied natural gas (LNG) terminal in Louisiana, according to a document from the Federal Energy Regulatory Commission (FERC) released Friday. Once completed, CP2 will become the largest LNG export facility in the United States, reinforcing the nation’s position as the top global exporter of LNG. The project also positions Venture Global to potentially become the largest U.S. LNG producer.
The final go-ahead follows a supplemental environmental review focusing on air quality, prompted by an August 2024 ruling from the U.S. Court of Appeals for the D.C. Circuit. That decision overturned a prior FERC approval for a similar LNG project by NextDecade in Texas, raising concerns about environmental oversight.
In response, FERC conducted an additional environmental analysis of CP2, ultimately concluding the 28 million metric tons per annum project is in the public interest and should proceed. Regulators clarified that no further delays, such as construction bans pending rehearing, would apply once the order is issued.
With regulatory hurdles cleared, Venture Global CEO Mike Sabel announced that on-site construction will begin immediately. CP2 has drawn attention from environmental groups opposing LNG infrastructure expansion along the U.S. Gulf Coast, citing climate concerns. However, the project is backed by the energy sector for its economic potential and role in strengthening U.S. energy exports.
The CP2 terminal is a major development in the U.S. LNG industry, signaling continued investment despite growing environmental opposition. As global demand for LNG rises, this project will play a key role in shaping America’s energy future.


U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster
FCC Chairman Raises Competition Concerns Over Netflix–Warner Bros. Discovery Deal
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case
Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding
China Approves First Import Batch of Nvidia H200 AI Chips Amid Strategic Shift
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms
Trump Pushes Back on 401(k) Homebuyer Plan Amid Housing Affordability Debate
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook
NTSB Opens Investigation Into Waymo Robotaxis After School Bus Safety Violations in Texas
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Minnesota Judge Rejects Bid to Halt Trump Immigration Enforcement in Minneapolis
U.S. Imposes Visa Restrictions on Haiti Transitional Council Over Gang Allegations
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 



