NO. 1: Venture Global LNG Inc. is urging FERC to reauthorize its CP2 export project so it can better work toward a final investment decision (FID).

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In a letter to the Federal Energy Regulatory Commission, Venture Global CEO Mike Sabel said the company needs the “Commission to act” and reauthorize construction of the project by June 26.

FERC approved the 20 million tons/year CP2 project last June. However, it rescinded the order in November to more closely study the facility’s impact on air quality. That study was completed last week.