Thursday, June 22, 2017

Deflin FLNG agreement signed


Golar LNG and Delfin Midstream have signed an agreement to jointly develop the Delfin LNG Project in the Gulf of Mexico, about 50 miles from the coast of Louisiana. The joint development agreement will facilitate financing, marketing, construction, development and operation of Delfin LNG, the first and only permitted floating LNG (FLNG) export project in the U.S. Delfin LNG is a brownfield deepwater port requiring minimal additional infrastructure investment to support up to four FLNG vessels producing up to 13 million tons of LNG per year, according to a Golar statement. The project is expected to significantly reduce coastal LNG carrier traffic while minimizing near-shore environmental impacts. (Source: Maritime Executive 06/21/17)