Venture Global CP2 LNG, LLC and Venture Global CP Express, LLC, both wholly owned subsidiaries of Venture Global LNG, Inc., are proposing to build, own and operate the CP2 LNG Project.

CP2 LNG will build, own and operate an LNG terminal with a nameplate liquefaction capacity of 20 MTPA of LNG and a peak capacity of approximately 24 MTPA.

The CP2 LNG terminal will be located on an approximately 546-acre site in Cameron Parish, Louisiana. The CP Express pipeline will originate in Jasper County, Texas and feed natural gas to the proposed LNG facility in Cameron Parish, Louisiana.

The project will be constructed in two phases, each phase designed with a nameplate liquefaction and export capacity of 10 MTPA, and a peak achievable capacity of 14 MTPA. Each phase of construction will take approximately 36 months to complete. CP2 LNG states that it will place each liquefaction block into service upon completion, with initial operations beginning approximately 24 months after the start of construction. CP2 LNG anticipates Phase II construction will start 12 months after the start of Phase I construction.