The US’ Federal Energy Regulatory Commission (FERC) has approved the construction of the 8.4 Mt/year (11.5 bcm/year) Commonwealth LNG terminal, which will be located in Cameron, on the coast of the US state of Louisiana. The terminal is expected to begin LNG shipping in 2027. The FERC nonetheless authorised the application with 128 environmental conditions attached.
The proposed Commonwealth LNG project consists of six liquefaction trains each with a capacity of 1.4 Mt/year (1.9 bcm/year). It also includes six 50,000 cm LNG storage tanks, one jetty with the capacity to service vessels from 10,000 cm to 216,000 cm, as well as a pipeline. Commonwealth LNG originally filed the application with FERC in August 2019.
Besides the FERC, the Department of Energy’s Office of Fossil Energy (DOE/FE) authorised the Commonwealth LNG project in April 2020 to export up to 9.5 Mt/year (13 bcm/year) of LNG to countries with which the US has a free trade agreement for a 25-year term.
In September 2022, Commonwealth LNG and Australia’s Woodside signed two LNG Sale and Purchase Agreements (SPAs), which will see the supply of up to 2.5 Mt/year (3.4 bcm/year) of LNG over 20 years from the terminal to Woodside.
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.