October 24, 2025 [Storage Terminals Magazine]- The US Department of Energy has issued the final non-free trade agreement export authorisation for Venture Global’s CP2 facility in Cameron Parish, Louisiana, enabling the project to export liquefied natural gas to countries without free trade agreements with the United States.
Venture Global chief executive officer Mike Sabel expressed gratitude for the Trump Administration’s final approval of CP2, characterising the project as critical for supplying American allies with low-cost LNG for decades whilst supporting thousands of jobs and benefiting US balance of trade. Sabel stated that CP2 project construction is well underway, with the company looking forward to advancing the project safely and quickly to bring new LNG to the global market beginning in 2027.
The non-FTA export authorisation represents a key regulatory milestone enabling Venture Global to enter long-term sales contracts with customers in major LNG-importing countries including China, Japan, South Korea, and European nations without US free trade agreements. Without this authorisation, the facility would be limited to exporting only to countries with existing US free trade agreements.
CP2 represents Venture Global’s second major LNG export project in Cameron Parish, following the company’s Calcasieu Pass facility. The Louisiana Gulf Coast location provides access to abundant natural gas supplies from US producing regions alongside deepwater port facilities accommodating large LNG carriers serving international markets.
Sabel’s reference to construction being well underway indicates Venture Global proceeded with development activities prior to receiving final export authorisation, demonstrating confidence in regulatory approval whilst accelerating project timelines. The stated 2027 target for commencing LNG deliveries positions CP2 to enter the market during anticipated continued growth in global LNG demand.
The authorisation process for non-FTA LNG exports requires Department of Energy review and determination that proposed exports serve public interest, considering economic impacts, international considerations, energy security, and environmental effects. The approval indicates DOE concluded CP2 exports meet public interest criteria.
The Trump Administration’s support for LNG export expansion reflects policy priorities emphasising American energy dominance, job creation, and trade balance improvements through increased energy exports. LNG facilities represent multi-billion dollar investments supporting construction employment, operational jobs, and natural gas purchases from domestic producers.
CP2’s capacity will add substantial volumes to US LNG export capability, supporting the country’s position as a leading global supplier alongside Qatar and Australia. The facility’s supply to American allies reflects geopolitical dimensions of LNG trade, particularly following European efforts to reduce dependence on Russian pipeline gas after Ukraine’s invasion.
The final export authorisation enables Venture Global to finalise commercial arrangements with international customers, complete project financing, and proceed with full-scale construction targeting 2027 operations. The regulatory milestone removes significant uncertainty affecting project economics and commercial negotiations.
