Delfin, Centrica reach 1-million tpy LNG offtake agreement

Aug. 11, 2022

Delfin Midstream and Centrica have signed a heads of agreement for Centrica’s purchase of 1 million tpy of LNG for 15-years on a free-on-board basis from the planned Delfin Deepwater Port off the coast of Louisiana.

OGJ editors

Delfin Midstream Inc. and Centrica PLC have signed a heads of agreement for Centrica’s purchase of 1 million tonnes/year (tpy) of LNG for 15-years on a free-on-board basis from the planned 13-million tpy Delfin Deepwater Port, 40 nautical miles off the coast of Louisiana.

Delfin hopes to take final investment decision (FID) on the project’s first vessel by end-2022 to begin operations in 2026. The offshore port will be built in 3.5-million tpy increments using floating LNG (FLNG) plants, with FID also being approached incrementally.

The company last month finalized a binding 15-year sales agreement with Vitol Inc. for 0.5 million tpy (OGJ Online, July 14, 2022).

The project will use 2-6 FLNG plants connected to onshore gas supplies via subsidiary-owned pipelines (OGJ Online, Aug. 1, 2022).