Venture Global Goes All-In With $15 Billion CP2 LNG Bet ...Middle East

Venture Global has officially reached a final investment decision and financial close for Phase 1 of its CP2 LNG project and the associated CP Express Pipeline, securing $15.1 billion in debt-only financing, the company said on Monday. The move formally launches the company’s third LNG export project and puts it on track to become the largest U.S. LNG exporter by capacity. CP2’s Phase 1, expected online in 2027, will add up to 28 million tonnes per annum (MTPA) of peak output. Long-term contracts are already locked in with buyers across…

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