Commonwealth LNG LLC said it expects to reach a final investment decision on its proposed 8.4-million-tonnes-per-annum LNG export terminal in the fourth quarter of 2020.
Commonwealth provided the detail on the timing for the investment decision in a Sept. 3 news release announcing that the Federal Energy Regulatory Commission had accepted into its review process the company's Natural Gas Act certificate application for the LNG project, which has been in the prefiling process since 2017. The date for the investment decision had been broadly described as sometime in 2020.
The project includes six natural gas liquefaction trains, six LNG storage tanks and a 3-mile-long, 30-inch-diameter gas pipeline.
