BUZZ-Venture Global up on DoE's approval of CP2 export permit

Reuters
03-19
BUZZ-Venture Global up on DoE's approval of CP2 export permit

Updates

** Shares of LNG Producer Venture Global VG.N up 9.3% at $11.90

** U.S. Department of Energy approves co's export permit request for its proposed CP2 LNG project in Louisiana

** Federal Regulatory Energy Commission pulled authorization to construct the facility in December, requiring an additional environmental review of air quality impact

** Peer NextDecade NEXT.O late on Tuesday secured court revision of FERC order for Rio Grande LNG project; its shares were trading 1.2% higher at $8.61

** Including session moves, VG down about 50% since IPO in January

(Reporting by Mrinalika Roy in Bengaluru)

((mrinalika.roy@thomsonreuters.com;))

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