Commonwealth LNG Secures 20-Year Offtake Agreement

May 7, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Among the first liquefied natural gas (LNG) export projects sanctioned by the Trump administration, Commonwealth LNG said it signed a deal with an undisclosed Asian buyer to sell about 10% of the project's total capacity. "This offtake agreement marks another important milestone for Commonwealth as we work toward a final investment later this year and first offtake planned for 2029," said Ben Dell, a managing partner of Kimmeridge and chairman of Commonwealth.