Venture Global announces $10 billion expansion project

By Cyndi Sellers

On Thursday, Dec. 2, Venture Global LNG CEO Mike Sabel and Gov. John Bel Edwards announced the company plans to invest more than $10 billion in a new liquefied natural gas (LNG) facility, adjacent to the Calcasieu Pass LNG facility now under construction. The new project, called CP2 will employ carbon capture and sequestration (CCS) technology to reduce carbon dioxide emissions.

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