The US gas producer Caturus has entered into a 20-year sale and purchase agreement (SPA) for its Commonwealth LNG project in the United States with Aramco Trading, a subsidiary of Saudi Arabia’s Aramco (Caturus press release, 13/02/2026).
- The agreement involves the purchase of 1 Mt/year of LNG from the Commonwealth LNG facility.
- Commonwealth LNG is a gas liquefaction and export facility with a capacity of 9.5 Mt/year. The midstream asset is being developed in Cameron Parish, Louisiana, on the Gulf Coast (US).
- The Commonwealth LNG project is moving closer to a final investment decision (FID), aiming to secure the rest of its capacity, with first production expected in 2029.
Aramco Trading is set to join other international energy companies like Glencore, JERA, Petronas, Mercuria and EQT in securing long-term offtake contracts with the LNG project, according to the company’s press release. “The SPA will become fully effective upon the satisfaction of customary conditions, including an affirmative final investment decision on the Commonwealth LNG project”, the company added.
The news comes one month after Commonwealth LNG received a 20-year authorisation from the US Department of Energy (DOE) to export LNG from its facility to countries that do not have free trade agreements (non-FTA countries) with the United States (KEI, 14/01/2026).
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