Commonwealth LNG signs 20-year supply deal with major Asian buyer

May 5 (Reuters) - Commonwealth LNG announced on Monday that it has signed a Sale and Purchase Agreement with a major Asian energy company.

Under the 20-year agreement, the buyer will purchase 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Commonwealth's planned 9.5 mtpa facility in Cameron, Louisiana, the company said.

Last week, Reuters reported that Malaysian state-owned oil and gas firm Petroliam Nasional, or Petronas, was in talks with Commonwealth LNG to buy liquefied natural gas.