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COMMONWEALTH LNG RECEIVES CONDITIONAL NON-FTA EXPORT AUTHORIZATION FROM DOE AND DRAFT SUPPLEMENTAL ENVIRONMENTAL IMPACT STATEMENT FROM FERC

Commonwealth LNG has received conditional non-FTA export authorization from the U.S. Department of Energy, along with a draft Supplemental Environmental Impact Statement from the Federal Energy Regulatory Commission, marking significant progress in its LNG facility development in Louisiana.
The project will attract approximately $11 billion in investments and generate an estimated $3.5 billion in annual export revenue, utilizing around 2,000 workers during construction and creating 270 permanent high-paying jobs upon operation.
Commonwealth anticipates making a final investment decision in September 2025, with first LNG production expected in Q1 2029, according to CEO Farhad Ahrabi, who expressed gratitude for achieving these regulatory objectives.
Dell, Managing Partner of Kimmeridge Energy Management, welcomed the draft SEIS and stated Commonwealth shares the Trump Administration's vision for responsible energy diplomacy.

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