BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 3.Feb.2026, Words: 230) — Commonwealth LNG signed an LNG sale and purchase agreement (LNG SPA) with Mercuria Energy Trading S.A. to provide 1 million tonnes per annum (MTPA) of LNG for 20 years from the Commonwealth LNG export facility in Cameron, Louisiana. Commonwealth also signed a gas supply agreement (GSA) with Mercuria Americas for the supply of a corresponding quantity of natural gas to Commonwealth.
Mercuria is one of the world’s largest independent energy and commodities traders.
With the signing of the Mercuria SPA, Commonwealth has secured long-term, binding offtake agreements for 7 MTPA of the facility’s 9.5 MTPA permitted capacity, including commitments from prominent energy industry participants Glencore, JERA, PETRONAS, and EQT. Final negotiations are underway for the facility’s remaining capacity, Commonwealth said on 3 Feb. 2026 in an official statement.
In Aug., Kimmeridge announced a rebranding that saw Commonwealth LNG and Kimmeridge’s upstream operations (formerly Kimmeridge Texas Gas) combined under a new platform called Caturus. Caturus is building the nation’s leading integrated natural gas and LNG company, with a unique wellhead-to-water strategy that will deliver responsibly sourced, low-emission fuel to global markets.
The SPA will become fully effective upon the satisfaction of customary conditions, including an affirmative final investment decision on the project.
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By Steve Stewart reporting from Baton Rouge. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.
