EQT Announces Tolling Agreement with Commonwealth LNG
Provided By PR Newswire
Last update: Sep 18, 2023
PITTSBURGH, Sept. 18, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwealth LNG's facility in Cameron, Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the parties. Commonwealth anticipates a final investment decision on the project in the first quarter of 2024, with first cargo deliveries expected in 2027.
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