
The U.S. Department of Energy (DOE), under the new leadership of Sec. Chris Wright, approved the first LNG permit of President Donald Trump’s second term to Kimmeridge's Commonwealth LNG. (Source: Shutterstock)
The U.S. Department of Energy (DOE), under the new leadership of Sec. Chris Wright, approved the first LNG permit of President Donald Trump’s second term, the DOE announced Feb. 14.
Kimmeridge-owned Commonwealth LNG, to be located on the Calcasieu River near Cameron, Louisiana, received the permit.
Kimmeridge originally planned to reach a final investment decision on the project in the first quarter of 2024 but was delayed to 2025 when former President Joe Biden ordered the DOE to stop issuing permits, pending the outcome of a study on the environmental effects of LNG facilities.
President Trump pledged during the campaign to reverse the decision.
“Today marks one of many steps that [the] DOE will be taking to assure our future as a reliable energy supplier to the world and resume regular order to our regulatory responsibilities over natural gas exports,” said Wright, formerly the CEO of Liberty Energy prior to assuming the position of DOE secretary.
The project also received its draft Supplemental Environmental Impact Statement from the Federal Energy Regulatory Commission (FERC), another key permitting step.
Once it reaches full capacity, Commonwealth LNG will be able to export the equivalent of 1.2 Bcf/d of natural gas.
“With these decisions in hand, subject to a FERC final order, which we expect in July 2025, and DOE’s final authorization, Commonwealth anticipates reaching a final investment decision in September 2025, with first LNG production expected in Q1 2029,” said Commonwealth CEO Farhad Ahrabi.
Recommended Reading
TotalEnergies' Mozambique LNG Project Faces Delay Beyond 2029
2025-01-22 - TotalEnergies' $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said on Jan. 22, citing the need to end force majeure and ensure security at the project site.
Oil Prices Ease as US Tariffs On Mexico Paused for a Month
2025-02-03 - WTI crude futures were down $0.04, or 0.01%, at $72.49 after climbing as much as 3.7% earlier in the session to reach their highest since Jan. 24 at $75.18.
Gas-Fired Power Plant to be Built Close to Austin, Texas
2025-02-06 - The project, to be built by Argan subsidiary Gemma Power Systems, is expected to hook up to the ERCOT grid in 2028.
Guyana Exported a Total of 225 Crude Cargoes in 2024
2025-01-14 - Guyana, Latin America's newest oil producer, is now the region's fifth largest crude exporter after Brazil, Mexico, Venezuela and Colombia.
EIA Reports Big NatGas Withdrawal, as Expected
2025-02-27 - According to the EIA’s weekly storage report, natural gas levels are 238 Bcf below the five-year average and 561 Bcf below the level from the same time last year.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.