Venture Global asks DOE for approval to re-export LNG from CP2 project
VG•
VG•Venture Global asked the U.S. Department of Energy for authorization to re-export LNG from its CP2 project in Louisiana, seeking approval by January 15. The request covers exports to countries with and without U.S. free-trade agreements and would not exceed volumes permitted under existing long-term export authorizations.
Venture Global has asked the U.S. Department of Energy for a blanket authorization to re-export LNG previously imported to its CP2 project in Louisiana. The company is seeking approval by January 15 for exports to countries with and without free-trade agreements with the United States.
Venture Global said the request would require no new facilities or changes to terminal operations, and exports under it would not exceed volumes already approved under its long-term export permits. CP2 is authorized to export up to 28 million metric tons of LNG annually at peak capacity; the company has applied to raise that limit to 35 million metric tons and proposed a further 10-million-ton expansion.