What would be the nation's largest export terminal for liquefied natural gas won approval from a federal commission Thursday, although when the Louisiana project will be completed remains unclear in light of a Biden administration delay announced this year on such projects.
Venture Global's Calcasieu Pass 2 southwestern Louisiana project, often referred to as CP2, was approved with little discussion by the Federal Energy Regulatory Commission during a livestreamed meeting. However, the project, which would be Venture Global's second such facility in the area, still needs Department of Energy approval, and its immediate prospects are uncertain, given the administration's January pause.
