Delfin COO Wouter Pastoor
Delfin eyes emerging US export strategy
The company expects more US gas producers to target international markets as it signs a deal with Devon Energy and nears FID on its FLNG project
Delfin Midstream is nearing FID on the US’ first floating LNG (FLNG) export facility after signing deals over the summer with trading house Vitol, UK gas supplier Centrica and, most recently, US independent oil and gas producer Devon Energy. The “export partnership” with Devon includes a heads of agreement covering tolling deals for up to 2mn t/yr of liquefaction capacity and a pre-FID strategic investment by Devon in Delfin, as well as scope for additional equity investments in the future. The Delfin Deepwater facility, which is located 40 nautical miles off the coast of Louisiana and will ultimately comprise four FLNG vessels, is scheduled to become operational in 2026. Petroleum Economist
Also in this section
4 March 2025
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
4 March 2025
EU net-zero polices have shifted refining investment among member states, while across the region countries and companies continue to adjust to changes in trade flows caused by the war in Ukraine
4 March 2025
Gas auctions underperform, signalling a slow start to 2025 after bumper 2024
3 March 2025
The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
