Commonwealth LNG

DOE Insists LNG Pause Could End Within One Year in Rehearing Denials

DOE Insists LNG Pause Could End Within One Year in Rehearing Denials

Natural gas trade associations and LNG project developers could be forced to rely on the courts or Congress for a swift end to the U.S. Department of Energy’s (DOE) pause on new export authorizations after the agency closed the door on revisiting its decision. At the end of March, DOE issued two denials of requests…

April 2, 2024
Tellurian Courting Natural Gas Producers Seeking LNG Exposure Through Driftwood

Tellurian Courting Natural Gas Producers Seeking LNG Exposure Through Driftwood

Tellurian Inc. is looking to join the wave of Gulf Coast LNG developers partnering with exploration and production (E&P) companies on tolling agreements to raise international exposure, executive chairman Martin Houston said Tuesday. In a letter to shareholders, the Houston-based company’s co-founder said Tellurian’s marketing team had spent last week meeting with potential customers and…

March 27, 2024
Commonwealth LNG Pushes Potential FID into 2025 as DOE Pause Adds Uncertainty

Commonwealth LNG Pushes Potential FID into 2025 as DOE Pause Adds Uncertainty

A final investment decision (FID) for Commonwealth LNG will have to wait until next year, or even later, as Gulf Coast export project developers continue to adapt to the fallout of the Department of Energy’s (DOE) indefinite authorization pause. Commonwealth LNG LLC, currently developing a self-named export facility near Cameron, LA, was previously expected to…

March 6, 2024
Commonwealth LNG Targets Early 2024 FID After Kimmeridge Equity Agreement

Commonwealth LNG Targets Early 2024 FID After Kimmeridge Equity Agreement

Commonwealth LNG LLC disclosed it has reached a milestone in the development of its 9.3 million metric ton/year (mmty) proposed natural gas export facility in Cameron Parish, LA with a combined equity, offtake and feed gas supply agreement. Houston-based Commonwealth said it has closed an agreement with Kimmeridge Energy Management Co. LLC for a minority…

August 14, 2023
Commonwealth LNG In Final Stretch of Commercialization, Anticipates FID This Year

Commonwealth LNG In Final Stretch of Commercialization, Anticipates FID This Year

As Commonwealth LNG LLC awaits its last regulatory approval from the U.S. Department of Energy (DOE), management said it has also entered the final stages of commercializing the more than 9 million metric tons/year (mmty) project ahead of a final investment decision (FID) later this year. Executive Chairman Paul Varello told NGI the company is…

June 7, 2023
Investment Boom Nears as U.S. LNG Projects Race Toward FID

Investment Boom Nears as U.S. LNG Projects Race Toward FID

Multiple U.S. LNG export projects could reach a final investment decision (FID) this year after a record stretch of supply contracting activity in 2022 that accelerated after war broke out in Ukraine. In the year since Russia’s invasion, U.S. liquefied natural gas projects have signed over 30 sale and purchase agreements (SPA) with buyers looking…

February 10, 2023
Commonwealth LNG’s 8.4 MMty Louisiana Terminal Secures FERC OK

Commonwealth LNG’s 8.4 MMty Louisiana Terminal Secures FERC OK

Commonwealth LNG’s export terminal proposed in Louisiana has become the first project to be authorized in more than two years after receiving unanimous FERC approval Thursday. Houston-based Commonwealth has not yet sanctioned the 8.4 million metric ton/year (mmty) facility. It would be sited in Cameron Parish, LA, along the Calcasieu Ship Channel, potentially adding to…

November 17, 2022
FERC Adds Environmental Justice Considerations to Commonwealth LNG EIS

FERC Adds Environmental Justice Considerations to Commonwealth LNG EIS

FERC staff concluded the Commonwealth LNG terminal project in Louisiana could have minimal environmental consequences if built, but it could contribute to “disproportionately high and adverse” impacts on marginal communities already affected by industry. The conclusion from Federal Energy Regulatory Commission staff was published in a final environmental impact statement (EIS) for the project proposed…

September 16, 2022
Woodside Grows U.S. LNG Offtake with Commonwealth Deal After Commitment to Germany

Woodside Grows U.S. LNG Offtake with Commonwealth Deal After Commitment to Germany

Woodside Energy Group Ltd., one of Australia’s largest energy companies, finalized offtake agreements for U.S. supply from Commonwealth LNG as it expands its own supply obligations to Europe. Woodside Energy, formerly Woodside Petroleum, disclosed Tuesday it has inked two 20-year sale and purchase agreements (SPA) for up to 2.5 million metric tons/year (mmty) of liquefied…

September 7, 2022
Commonwealth LNG Signs HOA to Potentially Supply Australia’s Woodside

Commonwealth LNG Signs HOA to Potentially Supply Australia’s Woodside

Commonwealth Liquified Natural Gas (LNG) has signed a heads of agreement (HOA) to negotiate the future purchase of 2.0 million metric tons/year (mmty) of LNG by Woodside Energy Trading Singapore Pte Ltd. from its proposed terminal near Cameron, Louisiana. Australia’s Woodside could secure a contract for 20 years of the project’s lifespan if it follows…

January 20, 2022
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