LNG Rethought,
Retooled and Reimagined

Project Overview

In an industry as established as LNG, standardized practices can be confused with best practices.

“The right way” becomes the only way. “Better” usually means bigger. But Commonwealth offers a cost-effective and optimized solution.

To innovate in such an entrenched market, you need a potent combination of imaginative and conservative. Commonwealth was founded with that notion in mind: create a focused, nimble team that places seasoned industry veterans at the same table as unconventional thinking.

Using innovative but proven methods, Commonwealth has reimagined the LNG construction process to significantly reduce risk for investors, customers and EPC partners. It relies on a bottoms-up, parallel construction process that prioritizes safety while driving down capital costs.

With a partner-first mentality driven by ethics and transparency, it’s a fresh approach that’s shifting industry thinking when it is needed the most.

Commonwealth LNG is an 8.4 mtpa LNG liquefaction and export facility located on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico near Cameron, Louisiana. The facility will have six 40,000 M3 modular storage tanks and will be able to accommodate vessels up to 216,000 M3.  Gas supply is achieved with the addition of a 3.0-mile pipeline interconnected to two major pipeline systems with significant excess transportation capacity.

Project Overview

In an industry as established as LNG, standardized practices can be confused with best practices.

“The right way” becomes the only way. “Better” usually means bigger. But Commonwealth offers a cost-effective and optimized solution.

To innovate in such an entrenched market, you need a potent combination of imaginative and conservative. Commonwealth was founded with that notion in mind: create a focused, nimble team that places seasoned industry veterans at the same table as unconventional thinking.

Using innovative but proven methods, Commonwealth has reimagined the LNG construction process to significantly reduce risk for investors, customers and EPC partners. It relies on a bottoms-up, parallel construction process that prioritizes safety while driving down capital costs.

With a partner-first mentality driven by ethics and transparency, it’s a fresh approach that’s shifting industry thinking when it needs it the most.

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Marketing & Gas Supply

In November 2019, Commonwealth LNG entered into a strategic LNG Marketing & Gas Supply Agreement with Gunvor Group Ltd., the world’s largest independent trader of LNG. Under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for the full 8.4 MTPA capacity of Commonwealth’s facility. In addition, Gunvor has agreed to take up to 3 MTPA from the facility.

This strategic partnership creates a unique and dynamic combination of engineering and project execution strength with a comprehensive global LNG and gas marketing reach and capability.

Key Relationships

Engineering, Procurement and Construction

Gas Supply & Marketing

Permitting

Financial and Legal

Schedule

FERC initiated in 2017. Operating by 2024.

Commonwealth’s FERC application was accepted in 2019 and is pending approval that would allow commercial operations by Q3 2024.
Below are the estimated key milestones.