Business
Commonwealth LNG Signs 20-Year Sale and Purchase Agreement with EQT Corporation
Commonwealth LNG ("Commonwealth") announced today it has signed a Sale and Purchase Agreement (SPA) with EQT Corporation (NYSE: EQT), one of the largest natural gas producers in the United States. The agreement provides for the sale of 1 million tonnes per annum (Mtpa) of LNG for 20 years from Commonwealth's 9.5 Mtpa export facility currently under development on the Gulf Coast in Cameron Parish, Louisiana.
About this update from Eqt Corporation
[{"type":"text","content":"HOUSTON, Sept. 8, 2025 /PRNewswire/ -- Commonwealth LNG ("Commonwealth") announced today it has signed a Sale and Purchase Agreement (SPA) with EQT Corporation (NYSE: EQT), one of the largest natural gas producers in the United States. The agreement provides for the sale of 1 million tonnes per annum (Mtpa) of LNG for 20 years from Commonwealth's 9.5 Mtpa export facility currently under development on the Gulf Coast in Cameron Parish, Louisiana.","length":473,"tagName":"p"},{"type":"image","alt":"Logo for Commonwealth LNG, A Kimmeridge Company (PRNewsfoto/Commonwealth LNG)","displaySize":"","headline":null,"caption":"Logo for Commonwealth LNG, A Kimmeridge Company (PRNewsfoto/Commonwealth LNG)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":170,"url":"https://media.zenfs.com/en/prnewswire.com/b477e6fe51c5361365f61e46acef8e54"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/V8C95T5bqsT8p9VsgceNaA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b477e6fe51c5361365f61e46acef8e54","width":400,"height":170}},"href":"https://mma.prnewswire.com/media/2714533/Commonwealth_LNG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the terms of the agreement, EQT will purchase LNG on a free-on-board basis at a price indexed to Henry Hub. The definitive agreement marks a significant milestone in both companies' efforts to deliver responsibly sourced, low emission natural gas to international markets.","length":282,"tagName":"p"},{"type":"text","content":""The agreement with EQT is a strong endorsement of our integrated natural gas platform, featuring a unique wellhead-to-water strategy that meets burgeoning demand for LNG across global markets, while advancing U.S. energy leadership and economic growth," said Ben Dell, Managing Partner of Kimmeridge and Chairman of Caturus, the parent company of Commonwealth LNG. "By combining EQT's scale and Commonwealth's efficient modular LNG design, we're delivering a differentiated solution for global energy buyers."","length":542,"tagName":"p"},{"type":"text","content":""The signing of this agreement with Commonwealth LNG adds to the incredible momentum we are building in the LNG market and further strengthens EQT's positi...