News

CP2, Venture Global and LNG

Venture Global okays construction of CP2 LNG project, shares rise 5%
U.S. liquefied natural gas company Venture Global said on Monday it has decided to go ahead with the construction of its CP2 export facility in Louisiana after it closed $15.1 billion in financing for the first phase of the project.
Venture Global announces FID and $15.1bn financing for CP2 LNG phase one
Venture Global has announced a final investment decision (FID) and the successful closure of $15.1bn in project financing for the first phase of its CP2 LNG (CP2) project in Louisiana, US, along with the associated CP Express Pipeline.
Venture Global Closes $15 Billion Financing for Gas Exports to Europe
Financing is secured for the first phase of a project that will feed the flow of U.S. natural-gas exports to Europe.
Venture Global greenlights construction of CP2 LNG project in Cameron Parish
Venture Global has given final approval of its CP2 LNG export terminal in Cameron Parish, according to a news release on the company’s website.
Venture Global lands $15B for Louisiana LNG terminal
The final investment decision for the CP2 export project comes after federal regulators cleared it to begin limited construction in May.
Venture Global signs off on a $15B LNG project in Louisiana
Venture Global has greenlit construction of its massive CP2 LNG export terminal in Louisiana, following a $15.1 billion financing deal—the largest such announcement in the sector this year, Reuters writes.
Venture Global wraps up financing for second Calcasieu Pass 2 LNG export terminal
Venture Global has wrapped up financing and made a final investment decision for its second liquefied natural gas facility in Cameron Parish. The company said it closed on $15.1 billion in financing for Calcasieu Pass 2, or CP2, from leading banks in the U.S., Europe and Asia such as Bank of America, Deutsche Bank, J.P. Morgan, Barclays and Mizuho.
Venture Global green-lights third export project as EU agrees to buy more US LNG
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Venture Global Announces Final Investment Decision and Financial Close for Phase 1 of CP2 LNG
Berlin (AFP) | 28/07/2025 - 18:06:19 | German economy faces 'substantial damage' from US-EU deal: Merz
Venture Global secures new 20-year LNG contract with Eni for CP2 project
Eni agreed to purchase 2M metric tons/year of liquefied natural gas for 20 years from Venture Global's CP2 LNG project, in Eni’s first ever long-term agreement with a US LNG producer.
Worley shares rally as Venture Global secures financing for LNG project
Worley was one of the best performers on the ASX 200 in early trade after US-based LNG company Venture Global secured a final investment decision (FID) on its CP2 project, allowing the Australian engineering group to proceed with its multi-billion dollar engineering,

Venture Global CEO on $15B financing: 'Very early days' of global gas exports

Michael Sabel, Venture Global co-founder and CEO, joins 'Power Lunch' to discuss the current state of the U.S. energy market.
TechCrunch1y

The global venture capital market is not done retreating yet

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