Venture Global on track to become top US LNG company if CP2 project approved

HOUSTON (Reuters) -Venture Global is poised to become the largest U.S. liquefied natural gas company by next year if it proceeds with its CP2 project in Louisiana and continues overproduction at its existing plants, according to LSEG data and company statements. Only a startup three years ago, Venture Global currently has a combined capacity to produce 38.5 million metric tons per annum (mtpa) of LNG from its two operational plants in Louisiana, LSEG data show. That could surge to 66.5 mtpa after it approves and completes construction of its latest project, the 28 mtpa CP2 plant, also in Louisiana.