Deal Description: On September 8, 2025, Commonwealth LNG LLC announced a 20-year LNG Sale and Purchase Agreement with EQT Corporation, one of the largest natural gas producers in the United States. Under the agreement, EQT will purchase 1 million tonnes per annum (Mtpa) of LNG from Commonwealth’s 9.5 Mtpa export facility under development on the Gulf Coast in Cameron Parish, Louisiana. Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, represented Commonwealth in the deal.

Commonwealth has secured 5 Mtpa of long-term offtake agreements and is targeting a final investment decision (FID) in Q4 2025, with first LNG production expected in 2029.

The project is expected to unlock approximately $11 billion in investment in Louisiana, support about 2,000 construction jobs at peak, and create roughly 275 permanent positions upon operation.

The Baker Botts team advising Commonwealth was led by David Jetter (Partner, Houston) and Ben Zeter (Associate, Austin).

Baker Botts remains a trusted advisor on complex LNG and energy infrastructure transactions worldwide.

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