Overview

• The CP2 LNG terminal in Cameron Parish, Louisiana, received export approval from the Department of Energy, marking the fifth LNG-related approval under President Trump.
• The project, expected to export up to 3.96 billion cubic feet of LNG per day, still requires final regulatory approvals from FERC and other agencies before construction can begin.
• The Biden administration previously paused LNG export approvals in January 2024 to assess environmental impacts, delaying the CP2 project and others.
• Environmental groups oppose the terminal, citing concerns about methane emissions, climate impacts, and local environmental justice issues.
• Venture Global has secured long-term supply agreements with major global energy companies but has yet to make a final investment decision on the project.