Overview
- Caturus finalized long-term sales with EQT LNG Trading, Glencore, Mercuria, Petronas LNG, and Aramco Trading Americas for the 9.5 mtpa Commonwealth LNG terminal in Cameron Parish, Louisiana.
- The company said the new contracts allow it to start project financing as it targets a final investment decision within weeks.
- Technip Energies received a fresh authorization under its EPC contract valued between €500 million and €1 billion to keep the project moving toward that decision.
- Key long-lead equipment is on order from Baker Hughes for compressors, Honeywell for cryogenic heat exchangers, and Solar Turbines for turbine-generators, with early site work proceeding under limited notices to proceed.
- The new sales replace volumes from a JERA contract ended March 3 and meet lender requirements for contracted capacity, with Phase 1 planned as a $12.5 billion build targeting a 2030 start.