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Venture Global Secures Funding for CP2

May 5, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S. liquefied natural gas (LNG) developer Venture Global LNG (NYSE:VG) (Arlington, Virginia) said Friday it had secured $3 billion in financing to support the development of the second phase of its Calcasieu Pass export terminal in Louisiana. Venture Global already runs the facility in Cameron Parish, Louisiana. IIR Energy data show Calcasieu Pass has a nameplate capacity of 1.6 billion cubic feet per day (Bcf/d) in exports of natural gas in the liquid form.

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