Major LNG developer lashes out at FERC delays

By Carlos Anchondo, Zach Bright | 03/15/2024 06:53 AM EDT

The export terminal proposal, known as CP2, has waited eight months for approval from the federal energy regulator.

The Calcasieu Pass liquefied natural gas terminal in Louisiana.

The Calcasieu Pass liquefied natural gas terminal in Louisiana is pictured. Venture Global LNG is planning a similar facility next door called CP2. Venture Global LNG

The developer of a high-profile natural gas terminal blasted the Federal Energy Regulatory Commission on Thursday for leaving the project off the agency’s monthly agenda.

Venture Global, the developer of the Calcasieu Pass 2 project, said in a statement on X — formerly known as Twitter — that it’s “deeply disappointed” the project is “yet again absent” from FERC’s agenda. The project, planned for Louisiana’s Cameron Parish, seeks to liquefy and export 20 million metric tons of gas overseas annually.

“It has been eight months since FERC issued a Final Environmental Impact Statement for CP2, making it one of the longest to ever sit before the Commission. We remain confident that we have met or exceeded all regulatory requirements that are necessary to move forward with the project,” Venture Global said.


FERC did not immediately respond to a request for comment.