Venture Global gets regulatory clearances for two LNG projects

[Digitally Generated Image of LNG Tanker Navigating Coastal Waters Representing Maritime Energy Transport]
alvarez/E+ via Getty Images

Venture Global (NYSE:VG [https://seekingalpha.com/symbol/VG]) received federal regulatory clearances [https://www.upstreamonline.com/lng/venture-global-wins-regulatory-clearances-for-two-us-lng-projects/2-1-1889333] Tuesday for two of its U.S. liquefied natural gas export projects - Plaquemines LNG and Calcasieu Pass 2 - UpstreamOnline.com reported, citing federal filings and announcements.

Venture Global's (NYSE:VG [https://seekingalpha.com/symbol/VG]) $21 billion Plaquemines LNG terminal won approval from the Federal Energy Regulatory Commission to commission the final of 18 liquefaction blocks at the facility, which will have a peak capacity of 27.2 million metric tons/year.

The company’s $15 billion Calcasieu Pass 2 project was granted a full export authorization from the U.S. Department of Energy, the agency said; CP2 had received a conditional approval in March.

U.S. companies need permission from the government to export LNG to tountries hat do not have a free trade agreement with the U.S.; the majority of buyers in Europe and Asia do not have such agreements.

Earlier this month [https://seekingalpha.com/news/4504369-chevron-seeks-say-in-launch-of-venture-global-s-plaquemines-lng-extension], Plaquemines LNG was granted an extension until year-end 2027 to complete its construction and commissioning.

MORE ON VENTURE GLOBAL

* Inside Venture Global's LNG Strategy [https://seekingalpha.com/article/4827382-inside-venture-global-lng-strategy]
* Venture Global's Poor Performance Ignores The Growth [https://seekingalpha.com/article/4815099-venture-globals-poor-performance-ignores-growth]
* Venture Global Q2 2025 Earnings Call Presentation [https://seekingalpha.com/article/4815850-venture-global-inc-2025-q2-results-earnings-call-presentation]