Daily Newsletter

23 August 2023

Daily Newsletter

23 August 2023

Commonwealth LNG awards Louisiana facility work to Baker Hughes

Recently, Commonwealth LNG signed an investment deal with Kimmeridge for the LNG facility.

Shivam Mishra August 22 2023

Commonwealth LNG has signed a services deal with energy technology firm Baker Hughes for its Cameron Parish, Louisiana-based liquefied natural gas (LNG) facility.

Under the agreement, Baker Hughes will collaborate with Commonwealth LNG to increase project output while lowering emissions.

The technology vendor will deploy its LM9000 aero-derivative gas turbine technology, which is claimed to be the most efficient in the over 65MW power range, at the facility.

The facility is a 9.3 million tonnes per annum (mtpa) LNG export terminal, which is located on the Calcasieu River in the Gulf of Mexico.

In addition to the compressor technology, spare parts, maintenance services, and Cordant Asset Performance Management suite, Baker Hughes will offer other essential tools, services, and software to Commonwealth LNG.

Commonwealth LNG said the LM9000 equipment order fulfilment is expected to be in the first quarter of 2024.

Earlier this month, Commonwealth LNG reached an investment agreement with Kimmeridge Energy Management Company (Kimmeridge).

With the investment agreement, Commonwealth LNG received all the development money needed to make the final investment decision for its LNG Cameron export facility, the company said at the time.

Additionally, Kimmeridge and Commonwealth LNG reached an agreement in principle about the terms of a 20-year, 2mtpa LNG offtake commitment from the facility, as well as the supply of related gas.

At the time of the announcement, Commonwealth LNG president and CEO Farhad Ahrabi said: “This deal brings an additional 2mtpa of offtake to the project from a customer who is willing and able to stand behind their commitment.

“The recent LNG marketing progress, the completion of FEED, and the conclusion of the EPC contract with Technip Energies ensures Commonwealth commences delivering LNG to our customers in early 2027.”

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