India, March 19 -- Shares of Venture Global, Inc. (VG) gained over 4% on Wednesday morning after the company received approval from the U.S. Department of Energy to export liquefied natural gas (LNG) to non-FTA countries for its third project, CP2 LNG, located in Cameron Parish, Louisiana.
VG is currently trading at $11.35, up $0.46 or 4.22%, on the NYSE. The stock opened its trading at $11.51 after closing Tuesday at $10.89. The stock has traded between $8.62 and $24.00 in the past 52-week period.
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Venture Global CEO Mike Sabel issued the following statement: "CP2 LNG is a vital project for the U.S. economy, balance of trade, and global energy security. ...