This story requires a subscription
This includes a single user license.
Caturus, Kimmeridge’s LNG and gas unit in which UAE’s Mubadala has a 24.1 percent stake, announced the SPA with Aramco Trading, a subsidiary of Saudi Aramco, in a statement on Friday.
Under the SPA, Aramco Trading will purchase 1 million tonnes per annum (Mtpa) of LNG from the Commonwealth LNG export facility currently under development.
The SPA follows a preliminary deal signed in November 2025.
FID
According to the statement, the SPA will become fully effective upon the satisfaction of customary conditions, including an affirmative final investment decision on the Commonwealth LNG project.
Commonwealth is “advancing toward a final investment decision with line of sight to secure its remaining capacity,” the statement said.
Aramco Trading joins Glencore, Jera, Petronas, Mercuria, and EQT among international energy companies entering into long-term offtake contracts with Commonwealth.
Commonwealth recently signed a 20-year sales and purchase agreement with Switzerland-based energy trader Mercuria.
This SPA is also for 1 Mtpa.
With the signing of the Mercuria SPA, Commonwealth secured long-term, binding offtake agreements for 7 of the facility’s 9.5 mtpa permitted capacity, it said.
In December, Caturus authorized full purchase orders to key industry partners supporting development of its Commonwealth LNG export facility.
The purchase orders are being executed via Commonwealth’s engineering, procurement, and construction (EPC) partner Technip Energies.