Secretary Wright emphasized that the advantages of expanding US LNG exports “have never been more evident.” He stated that the government is clearing obstacles for projects like CP2 to meet the burgeoning future energy demand.
The CP Express pipeline, with a diameter of 48 inches and spanning 85 miles, will originate from Jasper and Newton County in Texas. It will supply natural gas to the proposed LNG facility in Cameron Parish, aided by a six – mile lateral pipeline. A new compressor station is slated to be built near Moss Lake.
In addition to 36 liquefaction trains, each with an annual capacity of 0.626 million tonnes and arranged in 18 blocks, there will be four full – containment LNG storage tanks, each with an area of 200,000 square meters, along with two marine loading berths.
CP2 is the third LNG export project developed by Venture Global. The Calcasieu Pass project went operational in March 2022 and is set to commence commercial operations next month, while the Plaquemines LNG project is scheduled to start exports in late 2024. Earlier this month, Venture Global announced plans for an $18 – billion brownfield expansion at the Plaquemines facility.
This latest decision represents the fifth LNG – related approval from the US Department of Energy (DOE) since President Trump took office. It follows approvals such as the export authorization for Commonwealth LNG, the removal of barriers for LNG as bunkering fuel, the time extension for the Golden Pass LNG terminal, and another extension for the Delfin LNG project until 2029.
Tala Goudarzi, Principal Deputy Assistant Secretary of the Office of Fossil Energy and Carbon Management, remarked, “The CP2 project has been waiting far too long for regulatory action at the DOE, and I’m pleased to see this rectified today.”
The DOE anticipates issuing a final order to CP2 LNG in the upcoming months.
