Federal energy regulators concluded in a positive final environmental impact statement (FEIS) for Venture Global Inc.’s Phase 2 expansion of Calcasieu Pass LNG (CP2) that the project could be built with limited environmental impacts.

“This is a major regulatory milestone for the project that puts us on track for a Commission vote and the commencement of construction later this year,” CEO Mike Sabel said.

In the FEIS published on Friday, Federal Energy Regulatory Commission staff wrote the liquefied natural gas export project planned in Cameron Parish, LA likely wouldn’t have any permanent negative effects for the environment with recommended mitigation measures. However, staff noted the assessment didn’t measure climate impacts and could “impair visual resources”...