The U.S. Department of Energy (DOE) has issued the final non-Free Trade Agreement (non-FTA) export authorization for Venture Global’s CP2 LNG facility in Cameron Parish, Louisiana — a key regulatory milestone that clears the way for the company’s next phase of growth in the global liquefied natural gas (LNG) market.
The approval enables Venture Global to export LNG from the Calcasieu Pass 2 (CP2) terminal to nations without free-trade agreements with the United States, expanding the reach of U.S. LNG to key demand centers in Europe and Asia.
“Venture Global is grateful for the Trump Administration’s final approval of CP2, a critical project that will supply American allies with low-cost LNG for decades,” said Mike Sabel, CEO of Venture Global. “This authorization supports thousands of jobs and strengthens the U.S. balance of trade. With construction already underway, we look forward to bringing new LNG to market at record pace beginning in 2027.”
The CP2 project, located adjacent to Venture Global’s operating Calcasieu Pass facility, is designed to produce 20 MMtpa of LNG once fully operational. The terminal forms part of the company’s over 100 MMtpa portfolio of U.S. LNG capacity that is operating, under construction, or in development.
Venture Global said the approval underscores America’s growing role as a strategic LNG supplier amid rising global energy demand and shifting trade flows. The company’s vertically integrated model spans the entire LNG value chain, from natural gas supply and liquefaction to shipping and regasification.
In addition to CP2, Venture Global’s U.S. Gulf Coast projects include Calcasieu Pass LNG and Plaquemines LNG, both located in Louisiana. Each facility incorporates carbon capture and sequestration (CCS) technologies to reduce emissions from operations.
The final DOE authorization marks the last major federal approval needed for CP2’s exports, following earlier construction and environmental clearances.
With global LNG demand projected to rise sharply through the late 2020s, CP2 is expected to play a significant role in meeting supply needs for European and Asian markets, reinforcing the United States’ position as the world’s leading LNG exporter.