What is Commonwealth LNG's new export authorization?

Commonwealth LNG received a 20-year permit to export liquefied natural gas to countries without free trade agreements with the U.S.

Where is Commonwealth LNG's export facility located?

The proposed Commonwealth LNG export facility is located in Louisiana.

How much LNG can Commonwealth LNG's facility produce annually?

The Louisiana facility is designed to produce 9.5 million tonnes of LNG annually.

Home / Business and Economy / Commonwealth LNG Gets Green Light for Global Exports

Commonwealth LNG Gets Green Light for Global Exports

10 Jan

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Summary

Commonwealth LNG received a 20-year permit for LNG exports to non-FTA nations.
The facility secured a 25-year export approval for trade with FTA countries.
The Louisiana facility is designed to produce 9.5 million tonnes of LNG annually.

Commonwealth LNG Gets Green Light for Global Exports

Commonwealth LNG has received significant U.S. Department of Energy authorizations, granting the company a 20-year permit to export liquefied natural gas (LNG) to countries without free trade agreements. Additionally, a 25-year approval was secured for exports to nations with existing free trade pacts. These permits are set to become effective either upon the facility's commercial export launch or seven years from the grant date.

The proposed Louisiana facility, designed for an annual output of 9.5 million tonnes of LNG, is poised to become the country's first integrated LNG export plant. Its major shareholder, Kimmeridge, plans to supply natural gas from its Eagle Ford shale production. Commonwealth has already secured supply agreements with prominent global energy players, including EQT, Glencore, Japan's JERA, Malaysia's Petronas, and Australia's Woodside Energy.