Commonwealth LNG is targeting a first quarter 2026 final investment decision (FID) following the finalization of major equipment purchase orders. These orders, secured through the project's engineering, procurement and construction contractor Technip Energies, represent a capital investment of between €250 million and €500 million for Technip Energies.

Equipment Suppliers and Project Details

The confirmed equipment orders are with Baker Hughes, Honeywell, and Solar Turbines. Baker Hughes will supply six mixed-refrigerant compressors driven by LM9000 gas turbines. Honeywell will provide six main cryogenic heat exchangers, and Solar Turbines will supply four Titan 350 gas turbine-generators. The project developer, Caturus, emphasized that these purchase orders are an essential step toward the scheduled FID and illustrate a strong commitment to the project. Commonwealth LNG will be constructed using a modular approach, which these orders will help facilitate.

Project Scale and Status

The 9.5 million tonnes per annum facility is expected to be operational by 2030. Caturus estimates the first phase will generate approximately $3.5 billion annually in export revenue. The project has long-term contracts in place with Petronas, Glencore, JERA, and EQT. While Commonwealth has its federal authorizations, a state permit was nullified by a Louisiana judge in October after a legal challenge from environmental groups; however, Louisiana’s Department of Conservation and Energy re-issued the permit in mid-November.