Big LNG agreements are ahead for Louisiana facilities

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Louisiana is positioned to play a key role in Saudi Aramco’s next U.S. LNG push, with the company expected to sign supply agreements tied to Commonwealth LNG’s Cameron project and Woodside Energy’s major Louisiana development during the Crown Prince’s Washington visit this week, Reuters writes.

The agreements would secure up to 4 million tons per year of LNG from two Louisiana projects—Commonwealth LNG in Cameron Parish and Woodside Energy’s $17.5 billion Gulf Coast development.

Aramco, seeking 20 mtpa of global LNG capacity, has increasingly turned to the U.S. as domestic export capacity is set to nearly double over the next four years.

For Louisiana, the deals mark another vote of confidence in the state’s LNG buildout. Commonwealth’s proposed 9.5 mtpa facility would edge closer to a final investment decision by year-end, while Woodside’s newly approved 16.5 mtpa plant is slated for 2029 production. The partnerships signal rising global demand for Gulf Coast LNG—and expanding international capital flowing into Louisiana’s energy sector.

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