The Trump administration is authorizing a major gas facility to export the fuel abroad — clearing a major hurdle in getting the controversial project approved. The Energy Department approved a

The authorization for the CP2 project echoes a similar approval granted to the Commonwealth LNG project last month.

Venture Global (NYSE:VG) +8.1% pre-market Thursday following a Bloomberg report that the Trump administration is prepared to give conditional approval to export liquefied natural gas from the company's planned CP2 facility in Louisiana that had stalled under former President Biden.