- Support for LNG Growth: The Trump administration has granted conditional approval for Venture Global LNG’s CP2 project in Louisiana to export natural gas, reinforcing the push for U.S. energy dominance and security.
- Economic and Energy Security Benefits: The project, expected to export 3.96 billion cubic feet of LNG daily, will boost U.S. energy exports, provide economic benefits, and enhance global energy security.
- LNG Driving Emissions Reductions: LNG exports significantly contribute to emissions reductions, with Venture Global’s project poised to replace 33 coal-fired plants and cut around 140 million tons of greenhouse gases annually, helping to lower global reliance on dirtier energy sources.
President Donald Trump’s administration has granted Venture Global LNG Inc. conditional approval to export natural gas from a planned facility in Louisiana that had stalled under former President Joe Biden.
Energy Secretary Chris Wright authorized the exports from the company’s CP2 project on Wednesday, saying in a statement the measure was critical to restoring US energy dominance.
“The benefits of expanding US LNG exports have never been more clear, and I am proud to be taking action to support the American people and our allies abroad with more affordable, reliable, secure American energy,” Wright said.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
