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
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
