Kimmeridge SoTex Holdco (SoTex), an affiliate of the energy-focused alternative investment manager Kimmeridge, has confirmed the receipt of a final order from the Federal Energy Regulatory Commission (FERC), upholding authorization for a liquefied natural gas (LNG) export terminal currently under development on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish in Louisiana, United States.
The company claims that FERC’s approval, which it describes as a key regulatory milestone, sets the scene for a final investment decision (FID) to be taken for its 9.5 million tonnes per annum (mtpa) Commonwealth LNG export project in Q3 2025.