Jera’s US Purchase Deal With Commonwealth LNG Terminated

A purchase agreement between Commonwealth LNG and Japan’s top liquefied natural gas buyer, Jera Co., has been terminated, according to a document filed with the US Department of Energy.

Jera and Commonwealth entered the long-term agreement last year, which would’ve seen the proposed Louisiana-based export project supply 1 million tons of LNG annually for 20 years. The notification of the deal’s termination was dated April 1 and filed on behalf of Commonwealth Energy. The agreement was terminated effective March 3, the letter said, without giving a reason.