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Banks approve US$3 billion loan for Louisiana LNG project
CP2 peak production capacity expected to reach 28 million tonnes per annum
Michael Marray   7 May 2025
Venture Global CP2 LNG ( CP2 ) has secured commitments from 19 banks for a US$3 billion loan to continue manufacturing, procurement and engineering on its natural gas liquefaction and export facility, begun in early 2023, to be located alongside the Calcasieu Ship Channel in Cameron Parish, Louisiana.
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