Delfin LNG, a wholly owned subsidiary of Delfin Midstream, has finalized a binding LNG sale-and-purchase agreement with Hartree Partners Power & Gas Company (U.K.).
Under the agreement, Delfin LNG will supply 0.6 million tonnes per annum (MTPA) of LNG to Hartree for a 20-year period on a free on-board basis at the Delfin Deepwater Port off Louisiana’s coast.
The 20-year binding agreement builds on the company’s previously announced long-term agreements with strong, strategic counterparties. Delfin now has secured commitments for 3.1 MTPA of LNG sales, which is sufficient to make a final investment decision on the first floating LNG vessel for the Delfin Deepwater Port LNG Export Facility. Delfin expects to make the final investment decision in mid-2023.
“We are excited about partnering with Delfin LNG and to strengthen their progress toward reaching final investment decision and look forward to a successful and collaborative long-term relationship,”