Technip Energys selected by Commonwealth LNG for US LNG Project
Commonwealth LNG, a U.S. company, announced on Monday that it had selected Technip Energies, a French firm, to provide Engineering, Procurement, and Construction (EPC) for its 9.5 million tonne per annum (mtpa), LNG facility located in Cameron Parish, Louisiana.
The United States is a major LNG exporter. The country's export capacity could triple by 2030 based on the projects that are currently under construction or those that will receive financial approval in 2019.
Cameron Parish is expected to make a final decision on investment in the second half 2025. LNG production will begin in 2029.
Commonwealth LNG has announced that it is building what they claim will be the United States’ first integrated LNG facility. This will allow its majority shareholder Kimmeridge to sell gas directly from its Eagle Ford Shale operations to the plant.
The energy giant, Saudi Aramco, was reported to be in talks to purchase liquefied gas from Commonwealth LNG, as it seeks to increase its global presence in the market for supercooled fuel. (Reporting and editing by Tasim Zaid in Bengaluru)
(source: Reuters)