“The strength of our team lies not only in the diverse LNG experience of our management team, but also with the industry-leading partners we have chosen for this development. Commonwealth LNG will achieve its goal of being the low-cost provider for the next wave of U.S. LNG liquefaction projects.”

Paul Varello, CEO

Overview

To innovate in an industry like LNG, you need a potent combination of imaginative and conservative.
Commonwealth LNG was founded by industry veterans who decided to rethink things from the ground up. Using innovative techniques and a proven construction model, Commonwealth LNG has reimagined the LNG process to significantly reduce risk for investors, customers and partners. It’s time to change how we think about LNG.

Overview

To innovate in an industry like LNG, you need a potent combination of imaginative and conservative.
Commonwealth LNG was founded by industry veterans who decided to rethink things from the ground up. Using innovative techniques and a proven construction model, Commonwealth LNG has reimagined the LNG process to significantly reduce risk for investors, customers and partners. It’s time to change how we think about LNG.

Business Approach

Commonwealth LNG is developing an LNG export terminal on the U.S. Gulf Coast near Cameron, Louisiana. The company expects to begin shipping LNG in the first quarter of 2024.  The global LNG market is unpredictable and volatile with most experts forecasting continued uncertainty in the coming years. The market is also evolving with the introduction of greater competition resulting in increased liquidity and efficiency.

The next wave of LNG buyers and traders will continue to need firm, reasonably priced LNG supply but their requirements will change regarding contract tenor, pricing and flexibility.  Commonwealth LNG represents a next generation LNG export facility designed to provide a platform for meeting the unique requirements of the next wave of LNG demand

Business Approach

Commonwealth LNG is developing an LNG export terminal on the U.S. Gulf Coast near Cameron, Louisiana. The company expects to begin shipping LNG in the first quarter of 2024.  The global LNG market is unpredictable and volatile with most experts forecasting continued uncertainty in the coming years. The market is also evolving with the introduction of greater competition resulting in increased liquidity and efficiency.

The next wave of LNG buyers and traders will continue to need firm, reasonably priced LNG supply but their requirements will change regarding contract tenor, pricing and flexibility.  Commonwealth LNG represents a next generation LNG export facility designed to provide a platform for meeting the unique requirements of the next wave of LNG demand

Vision

When Commonwealth’s Founder, Paul Varello began his career,  he pictured a company infused with shared values, rewards and teamwork.

One of his early mentors, Buck Mickel, demonstrated how making people feel valued could build a strong, loyal team. Buck would often pen notes of praise and encouragement to individuals, always written in red ink.

These became known as “Buck’s red bullets,” and it’s that values-driven, employee-focused mentality that drives Commonwealth’s approach to leadership, strategy and above all, lasting partnerships.

Paul’s red bullet philosophy manifests itself across every level of Commonwealth, even being adopted as the company’s logo. It symbolizes a commitment to industry-changing solutions, long-term partnerships and mutual transparency at every level.

Vision

When Commonwealth’s Founder, Paul Varello began his career,  he pictured a company infused with shared values, rewards and teamwork.

One of his early mentors, Buck Mickel, demonstrated how making people feel valued could build a strong, loyal team. Buck would often pen notes of praise and encouragement to individuals, always written in red ink.

These became known as “Buck’s red bullets,” and it’s that values-driven, employee-focused mentality that drives Commonwealth’s approach to leadership, strategy and above all, lasting partnerships.

Paul’s red bullet philosophy manifests itself across every level of Commonwealth, even being adopted as the company’s logo. It symbolizes a commitment to industry-changing solutions, long-term partnerships and mutual transparency at every level.