Commonwealth LNG Set to Make FID After Trump DOE, FERC Approvals

| |
On Friday, Commonwealth LNG achieved two significant milestones on the way to making a final investment decision (FID). The first was that the Department of Energy (DOE) issued a long-delayed (because of Biden) approval to export LNG to non-free trade agreement (FTA) countries. The second is that the Federal Energy Regulatory Commission (FERC) issued a Supplemental Environmental Impact Statement (SEIS). Kimmeridge Energy Management, the main investor behind the project, said these two important items pave the way for an FID in September of this year. Provided that happens, the first LNG production at the plant is expected to flow in the first quarter of 2029.

To view this content, log into your member account. (Not a member? Join Today!)