Articles tagged CP2 LNG

Venture Global LNG Inc. is expecting to hit a major milestone for its CP2 LNG project in Louisiana next month while it mounts a defense against challenges to the Plaquemines export facility, also nearing a new stage of development.

Afforded little support from the latest storage data for a definitive move in either direction, August Nymex natural gas futures meandered near unchanged through midday trading on Thursday.

Venture Global LNG Inc.’s CP2 export facility has received the final federal approval, ending a more than 10-month wait for authorization.

July natural gas futures moved decidedly lower in early trading Wednesday as the market took profits ahead of the contract’s expiration at the close of business.

Global natural gas prices continued to trade sideways on Monday as ample supplies were available and forecasts were largely unchanged.

FERC Chairman Willie Phillips recently told lawmakers that an extended analysis of the proposed CP2 LNG facility’s air emissions was prolonging the regulatory review of the project. 

Venture Global LNG Inc. said Sunday it would acquire a fleet of nine liquefied natural gas tankers, becoming the first U.S. producer of the super-chilled fuel to own vessels as it continues to integrate its operations. 

News that the Department of Energy (DOE) may pause authorizations for new LNG export projects has stirred reactions from industry groups and environmentalists alike, but what does it mean for domestic and global natural gas supply outlooks?

Venture Global LNG Inc. is working on design adjustments to its proposed Delta LNG export terminal in Louisiana, including potentially boosting capacity and adjusting its pipeline to better compete for feed gas supply, according to federal filings.

Growing environmental opposition and political headwinds could combine to be one of this year’s biggest challenges for U.S. LNG projects working to advance.