Commonwealth doubles export with Mubadala Energy
Caturros Company has announced a plan to expand its "Community LNG" project in Louisiana by approximately doubling its capacity. This move responds to increased demand from Asia for American gas due to disruptions in global supplies. The company, supported by Mubadala Energy and Kemperidge, will add five new production units to the Cameron Parish facility, raising total export capacity from 9.5 million tons annually in 2030 to 17.3 million tons. This aims to strengthen the United States' position as a leading global exporter of liquefied natural gas. This step comes amid ongoing conflicts in Iran and their impact on natural gas supplies worldwide.
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