Secretary Wright Approves LNG Export Authorization
U.S. Secretary of Energy Chris Wright today approved a liquefied natural gas (LNG) export authorization to the Venture Global CP2 LNG export project proposed for Cameron Parish, Louisiana. Today’s authorization conditionally grants CP2 authorization to export LNG to non-free trade agreement countries from the proposed CP2 LNG project. In the order, DOE finds that LNG exports from CP2 LNG are likely to yield economic benefits to the United States, diversify global LNG supplies, and improve energy security for U.S. allies and trading partners over the course of the export term through 2050. DOE expects to issue a final order to CP2 LNG in the coming months. Once constructed, CP2, owned by Venture Global, will be able to export up to 3.96 billion cubic feet per day (Bcf/d) of LNG. Secretary Wright Approves LNG Export Authorization – electrifiED
