Federal Regulator Greenlights Louisiana LNG Terminal, Pipeline

Federal Energy Regulatory Commission’s 2-1 approval gives tentative green-light for Venture Global LNG to proceed with proposed Calcasieu projects.

An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, La., on April 14, 2022. Marcy de Luna/Reuters

The Federal Energy Regulatory Commission (FERC) on June 27 approved a proposal to build an export terminal in Louisiana designed to ship up to 20 million metric tons of liquified natural gas (LNG) a year to overseas buyers’ The proposal had been pending for nearly a year.

The green-light comes after the Biden administration in January imposed a “pause” on issuing new LNG export permits as part of a newly fashioned “public interest” review process that won’t be completed until at least January 2025.