What is the latest status of the project “Venture Global CP2 LNG Project Phase Two”?

The status recorded for “Venture Global CP2 LNG Project Phase Two” is under construction.

What is the budget and commercial profile for the project “Venture Global CP2 LNG Project Phase Two”?

Taiyo normalizes the budget of “Venture Global CP2 LNG Project Phase Two” to USD 8600000000.

Where can I verify the source and access all details for “Venture Global CP2 LNG Project Phase Two”?

This Taiyo project page references Petroleum Australia along with the original URL (https://petroleumaustralia.com.au/projects/venture-global-secures-us8-6-billion-financing-for-cp2-lng-project/). Taiyo standardizes official data into a consistent, searchable project profile.

Venture Global CP2 LNG Project Phase Two

Sector: LNG • Location: Louisiana, United States

Source: Petroleum Australia

Project

Under Construction

The second phase of Venture Global's third LNG project, CP2, located in Louisiana, designed with a peak production capacity of 29 million tonnes per annum. The project has secured US$8.6 billion in financing and is progressing with strong construction already underway. It aims to become the largest US exporter of liquefied natural gas once fully operational.

Status: Under Construction
Sector: LNG, Natural Gas, Oil and Gas
Location: Louisiana, United States of America
Updated: 22 Jul 2026
Source: Petroleum Australia

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Project Information

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The project “Venture Global CP2 LNG Project Phase Two” is an infrastructure initiative in the LNG sector, located in Louisiana, United States. Taiyo aggregates data on it from Petroleum Australia.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The second phase of Venture Global's third LNG project, CP2, located in Louisiana, designed with a peak production capacity of 29 million tonnes per annum. The project has secured US$8.6 billion in financing and is progressing with strong construction already underway. It aims to become the largest US exporter of liquefied natural gas once fully operational.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Louisiana

Source

Source	Petroleum Australia
URL

More Details

Record type	Project
Sector	LNG, Natural Gas, Oil and Gas
Article published date	2026-03-20

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Venture Global CP2 LNG Project Phase Two

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