• Natural Gas News

    FERC suspends environmental review of Venture Global CP2

Summary

Draft environmental impact statement was to be issued this month.

by: Dale Lunan

Posted in:

Complimentary, Natural Gas & LNG News, Americas, Liquefied Natural Gas (LNG), Corporate, Investments, Political, Regulation, News By Country, United States

FERC suspends environmental review of Venture Global CP2

The US Federal Energy Regulatory Commission (FERC) said July 6 it was suspending the environmental review process for Venture Global’s Calcasieu Pass 2 (CP2) LNG terminal, citing insufficient data.

Under FERC’s original schedule for CP2, a 20mn mt/yr project located adjacent to Venture Global’s recently commissioned Calcasieu Pass terminal in Louisiana, a draft environmental impact statement (EIS) was to have been issued this month, with a final EIS in February 2023. Venture hopes to sanction CP2 by the middle of next year, with first LNG anticipated in 2026.

Advertisement:

The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.

ngc.co.tt

S&P 2023

“This schedule was based upon CP2 LNG and CP Express (CP2’s companion pipeline project) providing complete and timely responses to any data requests,” FERC said. 

Additional data requests were made in February, April and May, and while some responses to those requests have been received, a number “remain outstanding and/or are deficient.”

FERC staff, the notice said, are awaiting additional information in a variety of areas, ranging from Venture Global’s plans for carbon capture and storage at CP2 to cumulative impacts of the project.

Despite the suspended review, FERC staff will continue to process the CP2 proposal “to the extent possible based on the information filed to date” while it awaits the remaining data responses. Once all data responses have been received, or Venture Global provides a schedule for when the responses would be filed, FERC will issue a revised schedule for the draft and final EIS.