Commonwealth highlights its project’s proximity to gas transport infrastructure as a particular advantage
Commonwealth banks on modular approach
US developer aims to beat any Gulf Coast labour crunch through offshoring
Prospective US exporter Commonwealth LNG sealed two SPAs in September with Australia’s Woodside. The first is for 2mn t/yr for 20 years from Q2 2026, albeit with the option to reduce volumes should the seller find other offtakers. The second gives Woodside an option to purchase an additional 0.5mn t/yr. Just four days later, the project received its final environmental impact statement (EIS) from US energy regulator Ferc. The Woodside deals take Commonwealth a quarter of the way or more to the 8mn t/yr that it needs to take FID, which is targeted at somewhere around the middle of next year, and further deals are on the horizon over the next six months. Perhaps unsurprisingly, CEO Paul Varell
Also in this section
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
8 January 2026
The region’s access to versatile feedstock, combined with policy support, is setting it up to meet growing demand both at home and abroad
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
