Commonwealth LNG: JERA Walks, Progress to FID Holds

Wednesday, 15 April 2026

JERA terminated its 1mtpa offtake agreement with Commonwealth LNG effective 3 March, but the project barely paused. EQT and Glencore backfilled the lost volumes within weeks, bringing total contracted capacity to around 8 of 9.5mtpa. Commonwealth is now launching lender discussions ahead of an FID expected this month.


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