Caturus signs 20-year LNG offtake agreement with Aramco Trading

Summary

Caturus has signed a 20-year Sale and Purchase Agreement with Aramco Trading for 1 million tonnes per annum of LNG from the Commonwealth LNG export facility in Louisiana. The agreement highlights the demand for U.S. LNG and is part of Commonwealth's Phase 1 development, expected to generate $3.5 billion in annual export revenue. The project aims to create approximately 2,000 construction jobs and 300 permanent jobs upon completion in 2030.

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