Louisiana Surpasses $100 Billion in New Investment Following Commonwealth LNG Final Investment Decision

CAMERON, La. – Caturus announced today the final investment decision for its $13 billion Commonwealth LNG export facility in Cameron Parish, a milestone project that pushes Louisiana past $100 billion in announced capital investment projects since Governor Jeff Landry took office in January 2024.

The Commonwealth LNG project will further strengthen Louisiana’s position as a global energy leader while generating more than $3 billion in annual export revenue once operations begin in 2030.

“Louisiana has always powered America, but today we are doing it at a scale and speed unlike anything in our history,” Governor Jeff Landry said. “$107 billion in announced investment shows the world that Louisiana is not standing still. We are building stronger industries, expanding our infrastructure, creating jobs and securing our position at the center of America’s energy future. Projects like Commonwealth LNG are helping ensure that the next generation of economic growth and energy leadership runs directly through Louisiana.”

The 9.5 million-tonnes-per-annum LNG export facility will be located in Cameron Parish and is expected to support significant construction activity, long-term operations jobs and expanded opportunities for Louisiana businesses and suppliers.

“Caturus is focused on being best-in-class across its entire platform, setting new standards that will guide the industry,” Managing Partner of Kimmeridge and Chairman of Commonwealth LNG Ben Dell said. “We wish to thank the Trump Administration, Secretary Wright and the Department of Energy, Governor Jeff Landry and the State of Louisiana, U.S. House Speaker Mike Johnson and all those who have recognized just how impactful Commonwealth will be for advancing U.S. energy leadership into the future while generating tremendous value for local communities in Louisiana.”

The milestone adds to a period of record-setting economic momentum for Louisiana, driven by major investments across energy, manufacturing, logistics, technology and advanced industry sectors. Louisiana’s statewide economic strategy focuses on strengthening competitiveness, accelerating project readiness and creating high-wage opportunities across every region of the state.

“With over $100 billion in announced investment, there is no doubt that this is Louisiana’s moment,” Louisiana Economic Development Secretary Susan B. Bourgeois said. “Companies are choosing Louisiana because they see momentum, alignment and opportunity. The work done over the last two years to strengthen our competitiveness is clearly translating into real results for our people through stronger industries, higher wages and long-term economic growth.”

“Commonwealth’s groundbreaking marks another major milestone in Southwest Louisiana’s emergence as one of the most important LNG hubs in the world,” Southwest Louisiana Economic Development Alliance President and CEO Scott Walker said. “Projects like Commonwealth LNG reinforce not only Louisiana’s energy dominance and unprecedented job creation, but also the critical role Southwest Louisiana plays in strengthening America’s energy position globally. With our strategic location, infrastructure, skilled workforce, port access and deep experience in energy development, our region continues to prove it can compete and lead on an international stage.”

Read the full announcement from Caturus

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Louisiana Economic Development is responsible for driving capital investment, job creation and economic opportunity for the people of Louisiana and employers of all sizes. Explore how LED is positioning Louisiana to win at OpportunityLouisiana.com. 

MEDIA CONTACTS:

Emma Wagner, LED Executive Director of Communications
Emma.Wagner@la.gov
912.467.2117