Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has signed off on a final investment decision (FID) for the first floating LNG (FLNG) vessel destined for an LNG project under development in Louisiana, United States.
Delfin Midstream has taken a final investment decision for the first FLNG of the Delfin LNG project under development in Louisiana and offshore in the Gulf of America (U.S. Gulf of Mexico). While explaining that Delfin FLNG 1 will be the first floating liquefaction facility in the United States, the developer emphasizes that this is also the largest FLNG project globally, with an expected export capacity of 4.4 million tonnes of LNG per year.
Dudley Poston, Delfin’s CEO, commented: “Securing FID for our first FLNG vessel is a groundbreaking milestone not only for Delfin, but also for global energy security. We are excited by our ability to support U.S. energy and maritime dominance by bringing safe, reliable, low-cost LNG exports to market.
The FLNG project, which is backed by long-term LNG sales agreements with energy companies including Vitol, Expand Energy, Centrica, and Gunvor, has secured all necessary permits and licenses to begin construction, with contracts for Delfin’s first FLNG vessel executed with Samsung Heavy Industries and Black & Veatch.
With the first vessel scheduled to begin LNG production in 2030, the U.S. company claims to be diligently advancing toward securing FIDs for FLNG vessels two and three over the coming year. Delfin sees the positive FID as a significant milestone, as it works to deliver reliable, low-cost LNG exports from the United States to customers around the world.