CAMERON PARISH, La., – Energy developer Venture Global has awarded Australia-based contractor Worley an engineering, procurement and construction (EPC) contract for phase two of its Calcasieu Pass 2 (CP2) LNG export terminal project in Louisiana, according to a Jan. 30 federal filing.
The agreement expands Worley’s role at the 1,150-acre project site, where it is already serving as EPC contractor for phase one construction. Financial terms of the new award were not disclosed.
The contract value was not disclosed, but Worley will be paid a “reimbursable sum” for phase-two work, set to include design, engineering, procurement, construction management, testing, studies, and related services, with financial details to be released in an upcoming quarter results filing, Venture Global said.
Phase one of CP2 reached a $15.1-billion final investment decision (FID) last summer and is currently under construction. It is designed with a nameplate capacity of 14.4 million metric tons per year (mtpa) of liquefied natural gas.
Phase two would add 5.6 mtpa of capacity and include ten liquefaction trains along with two 200,000-cu-meter LNG storage tanks. Plans also call for a proposed pipeline connection from Texas to support feed gas supply.
Venture Global has indicated that a final investment decision for phase two is targeted for mid-year. Once fully built out, the project is being designed for a potential peak capacity of 28 mtpa.
The CP2 development could carry an overall price tag of up to $28 billion, according to company filings, positioning it among the largest LNG export projects currently in development in the United States.
The project has been reviewed by the Federal Energy Regulatory Commission, whose oversight includes permitting LNG export terminals and associated pipeline infrastructure.
While CP2 has advanced through key regulatory milestones, it has faced environmental opposition and additional scrutiny from courts and federal regulators. Critics have raised concerns related to emissions, coastal impacts and broader climate implications of expanded LNG export capacity.
Supporters argue that expanded LNG infrastructure strengthens U.S. energy security, supports domestic gas producers and provides lower-carbon alternatives to coal in global markets.
The CP2 expansion reflects ongoing global demand for liquefied natural gas, particularly from European and Asian buyers seeking supply stability amid geopolitical volatility and energy transition pressures.
By advancing phase two alongside construction of phase one, Venture Global aims to scale production capacity efficiently while leveraging shared infrastructure across the site. Industry analysts note that the reimbursable EPC structure may offer flexibility amid cost fluctuations tied to labor, materials and supply chain conditions.
For Worley, the award reinforces its growing LNG portfolio in North America, adding to a series of high-profile EPC assignments tied to U.S. export capacity growth.
A mid-year FID decision for phase two will mark the next critical milestone, determining whether the Cameron Parish facility moves closer to its full 28-mtpa buildout.
Originally reported by Debra K. Rubin in ENR.
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