The US Federal Energy Regulatory Commission (FERC) said that its staff has issued a final supplemental environmental impact statement (EIS) for Venture Global’s proposed CP2 LNG and CP Express Pipeline projects.
The assessment was conducted following a November 2024 rehearing order that partially set aside the original authorisation due to concerns over cumulative air quality impacts. This additional review was prompted by a court decision in the case of Healthy Gulf v. FERC, which required further evaluation of nitrogen dioxide and particulate emissions.
The CP2 LNG project aims to build liquefied natural gas (LNG) facilities in Cameron Parish, Louisiana, with a capacity to produce up to 28 million tonnes per annum under ideal conditions.
It will be complemented by the CP Express pipeline, designed to transport four billion cubic feet of natural gas daily from supply points in east Texas and southwest Louisiana. The pipeline will span approximately 146.4km across Louisiana and Texas.
FERC staff’s final supplemental EIS concluded that the potential emissions, including nitrogen dioxide and particulate matter, would not significantly impact regional air quality. As a result, the project is expected to proceed without significant environmental challenges.
If realised, CP2 would become the largest LNG export facility in the US, bolstering the country’s position as a leading exporter of liquefied natural gas. Venture Global had previously received approval for the plant but was required to undertake this supplementary environmental review after a court ruling impacted another LNG project in Texas.
Earlier this month, Venture Global announced securing $3bn in commitments from 19 banks for financing the CP2 project’s continued development. The funds will cover manufacturing, procurement, and other associated costs for the facility along the Calcasieu Ship Channel in Cameron Parish.
The company has already initiated its formal final investment decision process for CP2 earlier this year.
