Delfin signs 15-year LNG supply agreement with Gunvor

Nov. 28, 2023
Delfin Midstream Inc. subsidiary Delfin LNG LLC has signed an LNG sale agreement with Gunvor Group Ltd. subsidiary Gunvor Singapore Pte Ltd.

Delfin Midstream Inc. subsidiary Delfin LNG LLC has signed an LNG sale agreement with Gunvor Group Ltd. subsidiary Gunvor Singapore Pte Ltd.

Under the agreement, Delfin LNG will supply 0.5-1.0 million tonnes/year (tpy) of LNG to Gunvor on a free-on-board (FOB) basis at the Delfin Deepwater Port, 40 nautical miles off the coast of Louisiana, for a minimum of 15 years.

The Delfin LNG Deepwater Port project is expected to support four FLNG vessels with a combined export capacity of up to 13.3 million tpy. Delfin LNG has secured commercial agreements for LNG sales and liquefaction services and is in the final phase towards final investment decision (FID) on its first three FLNG vessels.

In October, Delfin received an extension from the US Federal Energy Regulatory Commission (FERC) for completion of the onshore component of the deepwater port project. Delfin will now have until Sept. 28, 2027, to put the onshore infrastructure in service (OGJ Online, Oct. 9, 2023). 

The onshore project, sited in Cameron Parish, La., includes a new 120,000-hp compressor station, a new meter and regulation station at Transco Compressor Station 44, new supply header pipelines consisting of 0.25 miles of new 42-in. OD pipe to connect 1.1 miles of existing line to the new meter station and 0.6 miles of new twin 30-in. pipe between the meter station and the new compressor station.