Caturus’ Commonwealth LNG secures 20-year SPA with Aramco Trading

Caturus has entered into a 20-year sale and purchase agreement (SPA) for its Commonwealth LNG project in the US with Aramco Trading, a subsidiary of Saudi Arabia’s Aramco. The agreement involves the purchase of one million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Commonwealth LNG export facility. The midstream asset is being developed in Cameron Parish, Louisiana, on the Gulf Coast. Commonwealth LNG is a liquefaction and export facility with a capacity of 9.5mtpa on the west side ...