Caturus plans 7.75 Mtpa expansion of Louisiana Commonwealth LNG project

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Caturus LLC announced plans to expand its Commonwealth LNG export project in Cameron Parish, Louisiana, adding 7.75 million tonnes per annum of capacity. The expansion would nearly double the terminal's planned capacity to about 17.25 Mtpa, with operations targeted for the early 2030s. The announcement comes four months after the company took a final investment decision on the initial 9.5-Mtpa phase and secured $9.75 billion in financing.
Key Facts
- The proposed expansion would add 7.75 Mtpa of LNG capacity to the Commonwealth LNG project in Cameron Parish, Louisiana.
- Combined with the 9.5-Mtpa base project now under construction, total planned capacity would reach about 17.25 Mtpa.
- Caturus took a final investment decision on the initial Commonwealth LNG development four months ago and secured $9.75 billion in financing.
- About 8.5 Mtpa of the initial project's 9.5 Mtpa capacity is already committed under long-term LNG supply agreements.
- The expansion capacity is targeted to enter service in the early 2030s, after the first phase begins operations in 2030.
Expansion Details
Caturus LLC, a Houston-based company, announced the proposed five-train expansion on September 16, 2026. The expansion would add 7.75 million tonnes per annum of LNG production capacity to the Commonwealth LNG terminal in Cameron Parish. Combined with the six-train, 9.5-Mtpa base project now under construction, total planned capacity would rise to about 17.25 Mtpa. The additional capacity is targeted to enter service in the early 2030s, following the startup of the first phase in 2030.
Project Financing and Contracts
Caturus took a final investment decision on the initial Commonwealth LNG development four months ago and secured $9.75 billion in financing. About 8.5 Mtpa of the initial project's 9.5 Mtpa capacity has already been committed under long-term LNG supply agreements. Caturus has not announced a final investment decision or financing package for the expansion.
Company Strategy and Backing
Caturus plans to use engineering, procurement and construction experience from the first phase for the expansion, including the same modular construction approach and established supplier relationships. The company's strategy combines upstream natural gas production with liquefaction and LNG marketing, with upstream output exceeding 1 Bcfe per day from over 280,000 net acres in Texas. Caturus is backed by energy investment firm Kimmeridge and has received strategic investment from Mubadala Energy and Canada Pension Plan Investment Board.