Oil & Gas Plant News

oil-gas
May 03, 2025
Article Source LogoGas Processing and LNG
Gas Processing and LNG

Venture Global has raised $3 B in debt finance towards the construction of its CP2 LNG plant in Louisiana, which would be the largest single liquefied natural gas plant in the U.S., the company said.

Venture Global is the U.S.' second-largest LNG exporter and has played a key role in making the country the world's largest exporter of the superchilled gas.

The money raised will be used as part of the construction costs for the CP2 facility, which will have capacity to produce 28 million tonnes per annum of LNG, Venture Global said.

"This new capital, on top of the more than $4 billion we have already invested to date, will enable continued fabrication, manufacturing and procurement at an accelerated pace, similar to Plaquemines," said Venture Global's CEO Mike Sabel, referring to another of the company's LNG export facilities.

Two of the processing plants, also called trains, for the CP2 export facility will arrive in the U.S. in the coming months from Europe, Venture Global said in a statement.

The project is yet to receive a final financial go-ahead from Venture Global.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Oil and Gas Related News You might want to check out

View by
Gascade Puts 400 Kilometers Of Hydrogen Core Network Into Operation
Gascade Puts 400 Kilometers Of Hydrogen Core Network Into Operation
Pipeline Technology Journal
12 December 2025
oil-gas
Pipeline Leak Spills 200,000 Litres Of Oil In German Farmland
Pipeline Leak Spills 200,000 Litres Of Oil In German Farmland
Pipeline Technology Journal
12 December 2025
oil-gas
Iraq: Dno Charges Past 500 Million Barrels In Kurdistan And Picks Up Speed
Iraq: Dno Charges Past 500 Million Barrels In Kurdistan And Picks Up Speed
Energypedia News
12 December 2025
oil-gas
Us: Northern Oil And Gas Announces $1.2 Billion Joint Acquisition With Infinity Natural Resources
Us: Northern Oil And Gas Announces $1.2 Billion Joint Acquisition With Infinity Natural Resources
Energypedia News
11 December 2025
oil-gas
Spe Warns Africa Needs $375 Billion To Scale Natural Gas Development
Spe Warns Africa Needs $375 Billion To Scale Natural Gas Development
World Oil
11 December 2025
oil-gas
Ge Vernova Expects 80 Gw Of Gas Turbine Contracts By Year'S End
Ge Vernova Expects 80 Gw Of Gas Turbine Contracts By Year'S End
Gas Processing and LNG
11 December 2025
oil-gas
Nog Expands Utica Gas Portfolio In $1.2 Billion Deal With Infinity
Nog Expands Utica Gas Portfolio In $1.2 Billion Deal With Infinity
World Oil
09 December 2025
oil-gas
Rystad Energy: Key Digital Initiatives Could Save Oil And Gas Industry Over Us$320 Billion
Rystad Energy: Key Digital Initiatives Could Save Oil And Gas Industry Over Us$320 Billion
Oilfield Technology
06 December 2025
oil-gas
Digitalization May Unlock $320 Billion In Oil And Gas Savings By 2030, Analysts Say
Digitalization May Unlock $320 Billion In Oil And Gas Savings By 2030, Analysts Say
World Oil
06 December 2025
oil-gas
Mauritania Accelerates Green Hydrogen Drive, Eyes 12.5M-Ton Output By 2035
Mauritania Accelerates Green Hydrogen Drive, Eyes 12.5M-Ton Output By 2035
Gulf Oil and Gas
06 December 2025
oil-gas
Egypt'S Petrojet Secures $273M Oman Gas Pipeline Deal, Deepening Energy Ties
Egypt'S Petrojet Secures $273M Oman Gas Pipeline Deal, Deepening Energy Ties
Pipeline Technology Journal
03 December 2025
oil-gas
Petrobras Trims $109 Billion Capex Plan As Lower Oil Prices Pressure Dividends
Petrobras Trims $109 Billion Capex Plan As Lower Oil Prices Pressure Dividends
World Oil
29 November 2025
oil-gas