financetom
Business
financetom
/
Business
/
Commonwealth LNG selects Technip Energies for US LNG project
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Commonwealth LNG selects Technip Energies for US LNG project
Aug 4, 2025 10:07 AM

Aug 4 (Reuters) -

U.S.-based Commonwealth LNG on Monday said it has chosen

France-based Technip Energies to provide engineering,

procurement, and construction (EPC) services for its 9.5 million

tonnes per annum (mtpa) LNG facility in Cameron Parish,

Louisiana.

The United States is the world's largest exporter of LNG.

Based on projects under construction and those expected to

receive financial approval this year, the country could triple

its export capacity by 2030.

The Cameron Parish project is expected to reach a final

investment decision in the second half of 2025, with LNG

production slated to begin in 2029.

Commonwealth LNG is working to build what it says will be

the United States' first integrated LNG export facility,

enabling its majority shareholder, Kimmeridge, to sell gas from

its Eagle Ford shale operations directly to the plant.

Last month, Reuters had reported that oil giant Saudi Aramco

is in talks with Commonwealth LNG to buy liquefied

natural gas from the the proposed facility, as the energy giant

seeks to strengthen its position in the global market for the

supercooled fuel.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved