This story requires a subscription
This includes a single user license.
In May last year, power firm and LNG trader Jera signed a 20-year SPA with Commonwealth LNG.
Under this deal, Jera agreed to purchase 1 mtpa of LNG for 20 years from Commonwealth’s facility currently under development in Cameron.
However, Commonwealth said in a letter to DOE, dated April 1, that as of March 3, 2026, the JERA SPA had been terminated.
Commonwealth did not provide further details.
FID
The LNG terminal developer has not yet announced a final investment decision, but the company previously said that it expects to make the decision in th second quarter of this year.
Commonwealth recently signed a 20-year sales and purchase agreement with Saudi Arabia’s energy behemoth Aramco to supply the latter with LNG from its planned LNG export project.
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.
Under the SPA, Aramco Trading will purchase 1 million tonnes per annum of LNG from the Commonwealth LNG export facility currently under development.
Commonwealth said the SPA will become fully effective upon the satisfaction of customary conditions, including an affirmative FID on the Commonwealth LNG project.
The company said in that statement that it is “advancing toward a final investment decision with line of sight to secure its remaining capacity.”
Aramco Trading joins Glencore, Petronas, Mercuria, and EQT among international energy companies entering into long-term offtake contracts with Commonwealth.
In February, Commonwealth signed a 20-year SPA 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 last year, Caturus authorized full purchase orders to key industry partners supporting the development of its Commonwealth LNG export facility.
The purchase orders are being executed via Commonwealth’s engineering, procurement, and construction (EPC) partner Technip Energies.
