Commonwealth is under construction near Cameron, Louisiana. (Source: Shutterstock)
Commonwealth LNG has secured a 20-year, 1 million tonnes per year (mtpa) sales agreement with an Asian energy company, according to a May 5 announcement.
Kimmeridge, which owns the Commonwealth LNG project, did not name the buyer. Reuters reported April 29 that Commonwealth was in talks with Malaysia’s Petronas, according to anonymous sources.
This offtake will come from Commonwealth’s 9.5 mtpa LNG terminal, which is targeting a final investment decision later this year and first deliveries in 2029. Commonwealth is under construction near Cameron, Louisiana.
“We look forward to working with this buyer, a longstanding leader in LNG, as we further our integrated wellhead-to-water strategy in delivering LNG to critical markets around the world,” said Ben Dell, managing partner of Kimmeridge and chairman of Commonwealth, in the announcement.
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