Flouting Biden pause, agency approves largest LNG terminal in US
Despite a much publicized pause on the approval of liquefied natural gas terminals in the United States, a federal regulatory agency Thursday approved the construction of the nation’s largest LNG terminal, months before that pause is set to end.
The 2-1 vote of the Federal Energy Regulatory Commission approving the $ 10 billion Calcasieu Pass 2 in Cameron Parish, Louisiana, doesn’t mean developer Venture Global will begin construction on the facility to export condensed and super-cooled methane. But it is a big step forward for the company, which has been asking FERC to approve its two-and-a-half-year-old application since February.
In a statement after the decision, the company indicated it was waiting for approval from the Department of Energy to export the fuel to some countries — the approvals that were paused by the Biden Administration in January.
Venture Global …