White House delaying decision on huge LNG export terminal, NY Times reports

The White House is directing the Energy Department to expand its evaluation of what would be the largest natural gas export terminal in the United States and pausing any approval decision in a delay that “could stretch past the November election and spell trouble for that project and 16 other proposed terminals,” according to The New York Times’ Coral Davenport, citing three people with knowledge of the matter. The project, Calcasieu Pass 2, or CP2, would “dwarf the country’s existing export terminals” and export up to 20 million tons of natural gas per year, increasing the current amount of exported American gas by about 20%, the report noted. CP2 is being proposed by Venture Global LNG, a Virginia-based startup.