Technip Energies will deliver six identical liquefaction trains using its proprietary SnapLNG modular solution, which streamlines project timelines and optimizes costs through a standardized design. The contract, valued at over €1 billion, is considered a major award by Technip Energies. Arnaud Pieton, CEO of Technip Energies, stated: “This project is pivotal in enhancing global energy security by ensuring a reliable and efficient supply of LNG. We are eager to leverage our world-class experience in LNG projects associated with our SnapLNG by T.ENTM innovative modular and productized approach to contribute to the success of this critical energy initiative.”
The contract awaits Commonwealth LNG’s final investment decision (FID), expected in the third quarter of 2025, and will not be added to Technip Energies’ backlog until the FID is confirmed or full notice to proceed is issued. LNG production is targeted to begin in 2029. Ben Dell, Managing Partner of Kimmeridge and Chairman of Commonwealth, said: “We are excited to continue working alongside Technip Energies as we build our state-of-the-art LNG export facility, a cornerstone of our integrated LNG strategy. Technip Energies has been a valuable partner to Commonwealth, shares our commitment to operational excellence and will support our targeted production date of 2029. We look forward to delivering reliable, clean energy while creating lasting value for the local community.”
The project has secured offtake agreements with major global companies, including Glencore, JERA, and Petronas. Additionally, the Federal Energy Regulatory Commission recently issued a final order affirming the terminal’s export authorization, marking a key regulatory milestone.
The Commonwealth LNG facility aims to enhance energy reliability and support the global demand for cleaner energy sources, while fostering economic benefits for the Cameron Parish community through its development and operations.
