Venture Global announced the arrival of the first train in a Tuesday social media post, but did not provide further details.
Such as the Plaquemines LNG facility, Baker Hughes is supplying modularized liquefaction train systems for Venture Global’s CP2 LNG project, with manufacturing and testing occurring at their facilities in Italy.
Venture Global said in its third-quarter report in November 2025 that eight of 26 trains were completed.
In July 2025, Venture Global took FID on the first phase of its CP2 LNG project with a nameplate capacity of 14.4 mtpa. First LNG from this phase is expected in late 2027.
The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.
The CP2 LNG plant site is situated adjacent to Venture Global’s existing Calcasieu Pass liquefaction plant in Louisiana, which commenced commercial operations in April last year.
The project is permitted to produce 28 mtpa from both phases and engineered to generate more than 30 mtpa of LNG on a runrate basis.
CEO Mike Sabel said in November last year that Venture Global expects to take FID on the second CP2 LNG phase in the first half of this year.
Venture Global expects a total project cost of $28.5 billion to $29.5 billion, including both CP2 LNG phases.
