Caturus and Aramco Trading Americas LLC Sign 20-Year LNG Offtake Agreement
"We're pleased to welcome Aramco Trading among an expanding group of prominent international customers who have entered into offtake contracts from the Commonwealth LNG facility," said Caturus CEO
"Our contract with Aramco Trading underscores the differentiated value Caturus can bring through our global reach in offering wellhead to water services," Lawler added.
"This agreement reflects Aramco Trading's efforts to secure a reliable, long-term energy supply for global markets while strengthening our presence in the LNG sector," said
Commonwealth is advancing toward a final investment decision with line of sight to secure its remaining capacity. Aramco Trading joins Glencore, JERA, PETRONAS, Meruria, and EQT among international energy companies entering into long-term offtake contracts with the platform.
Commonwealth's Phase 1 development will generate an estimated
The SPA will become fully effective upon the satisfaction of customary conditions, including an affirmative final investment decision on the Commonwealth LNG project.
About Caturus
Caturus is building America's leading integrated natural gas and LNG company to deliver responsibly sourced, low-emission fuel to domestic and international markets. The platform comprises Caturus Energy, LLC, formerly Kimmeridge Texas Gas, an upstream producer with more than 600 MMcfe/d across approximately 250,000 net acres in
www.caturus.com
About Commonwealth LNG
Commonwealth LNG, LLC is developing a 9.5 Mtpa liquefied natural gas (LNG) export terminal project located near
www.CommonwealthLNG.com
About Aramco Trading
Aramco Trading is the trading arm of Saudi Aramco that trades a wide range of commodities including oil, gas and metals.
https://www.aramcotrading.com
Media Inquiries:
Commonwealth LNG
Vice President, Corporate Communications
Email: [email protected]
Ph: 281.794.9606
Caturus / Kimmeridge
Email: [email protected]
Ph: 917.574.8582 / 917.842.1127
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SOURCE Caturus
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