Sypris Wins Award for Venture Global's CP2 LNG Terminal and Express Gas Pipeline

(P&GJ) — Sypris Technologies Inc. has won an award for specialty high-pressure closures for use in the Venture Global CP2 LNG export terminal and the Venture Global CP Express natural gas pipeline project. Shipments under this award are anticipated to be completed by year-end 2023.

The CP2 LNG facility will be a natural gas liquefaction export terminal with a nameplate export capacity of 20 million metric tonnes per annum. CP2 LNG will be the second LNG export project developed by Venture Global LNG Inc. in Cameron Parish, Louisiana, with the first being the Calcasieu Pass Project. Together they represent more than $10 billion of direct investment in the Parish, according to news sources.

As described by Venture Global LNG, the CP Express will consist of approximately 85.1 miles of new 48-inch-diameter natural gas pipeline and approximately 5.9 miles of new 24-inch-diameter lateral pipeline to connect the CP2 LNG terminal to the existing natural gas pipeline grid in east Texas and southwest Louisiana. The investment will support the objective of Venture Global LNG to develop clean and reliable North American energy supplies and is proposed to be in service by mid-2025.

Sypris has agreed to manufacture and supply its Tube Turns-branded specialty, high-pressure Tool-less closures for use on the filtration systems for the project. These closures will be 70 inches in diameter, will be rated to a pressure of 2,180 psi and will weigh from an estimated 655 pounds up to as much as 17.5 tons each.

"Sypris continues to be a leader in supplying high-pressure specialty closures to support major energy projects globally,” Brett Keener, general manager at Sypris, said. “By leveraging our extensive engineering design and manufacturing expertise, we believe we are uniquely qualified to support these types of demanding requirements."

Terms of the order were not disclosed.

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