Commonwealth LNG has signed a heads of agreement with US natural gas producer EQT for one million tonnes of LNG and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana.
First cargo deliveries are expected in 2027 and will continue for a 15-year period.
Paul Varello, Executive Chairman and founder of Commonwealth LNG, said, “This agreement will connect EQT’s vast natural gas assets to Commonwealth’s LNG facility, thus creating a robust value chain from wellhead to water.”
He adds that accessing EQT’s natural gas production, which achieved a 20% year-over-year reduction in Scope 1 and Scope 2 greenhouse gas emissions, supports Commonwealth’s goal of achieving best in class environmental standards.
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