CP3 Project benefits
The CP3 Project aims to support the global energy transition by furthering the supply of responsibly produced, low-cost, North American liquefied natural gas.
This project is expected to be Venture Global’s fourth world-scale infrastructure investment in the U.S. Gulf Coast. Like the projects before it, CP3 aims to bring meaningful employment to the local community while underpinning the global transition to a low-carbon future
Investing in Louisiana
- We expect the project to require billions of dollars of direct investment by Venture Global, which could provide meaningful economic stimulus for Louisiana – both initially and over time
- At peak construction, the project will employ thousands of workers at the terminal site
- CP3 and the associated pipeline plan to source a meaningful portion of their materials and services from local and regional businesses
- State and local sales taxes, income taxes and property taxes are expected to increase during both construction and operations
Explore CP3
