FERC Issues Commonwealth LNG’s Notice of Schedule for Environmental Review

HOUSTON–(BUSINESS WIRE)–Commonwealth LNG is pleased to announce that the US Federal Energy Regulatory Commission (FERC) has issued Notice of Schedule for Environmental Review. The Project encompasses the construction of one liquefied natural gas plant, including six gas liquefaction trains and appurtenant facilities. Each train will have a liquefaction design capacity of approximately 1.4 million metric tonnes per annum (MTPA) for a total nominal liquefaction capacity of 8.4 MTPA.

Located on the west side of the Calcasieu Ship Channel, near the entrance to the Gulf of Mexico, the Project will include six LNG storage tanks each with a capacity of 40,000 m3, one marine loading berth capable of loading LNG carriers up to a capacity of 216,000 m3, and a 3.04-mile long, 30-inch diameter Pipeline that will connect the LNG Facility with existing intrastate and interstate pipelines for the purpose of supplying gas to the Project.

Schedule of Environmental Review

  • Issuance of the draft EIS in May 2020
  • Issuance of Notice of Availability of the final EIS October 2, 2020
  • 90-day Federal Authorization Decision Deadline December 31, 2020

We are very pleased to receive FERC’s Issuance of Notice of Schedule for Environmental Review. It confirms that our project remains on schedule to take FID in Q1 2021 and start commercial operations in Q1 2024,” said Paul Varello, Commonwealth LNG’s President and CEO.

About Commonwealth LNG

Commonwealth LNG is an 8.4 MTPA liquefied natural gas (LNG) export terminal project on the U.S. Gulf Coast near Cameron, Louisiana. The Commonwealth LNG team is committed to developing and operating a world-class LNG facility by staying relentlessly focused on managing risk and lowering capital cost. This is achieved by employing a fully modular design and construction approach for its liquefaction trains and auxiliary equipment as well as its LNG storage tanks. This approach results in a platform that enables the competitive delivery of LNG to any market under more flexible contract terms.

https://commonwealthlng.com/

Contacts

Media Contact: Nick Eusepi, media@teamcpl.com
Financial Contact: Clay Watson, investorrelations@teamcpl.com

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