A final investment decision for Delfin Midstream Inc.’s planned floating liquefied natural gas export terminal off the coast of Louisiana is expected next year.
In a news release issued last week, Delfin says it has signed new agreements with units of Samsung Heavy Industries Co. and Black & Veatch for front end and engineering work on the new FLNG vessel. The company said it is on track to complete and Engineering, Procurement and Construction contract in mid-2020.
“We are very pleased to advance the collaboration with SHI and Black & Veatch,” Delfin COO Wouter Pastoor said in making the announcement. “Both companies have been pioneering the FLNG space and have been involved in the vast majority of global FLNG projects. Since the Delfin FLNG Vessels are not producing from a reservoir, but purely liquefy standard ‘pipeline quality gas,’ these FLNG Vessels lend themselves for low-cost and standardized solutions.”
LNG production will likely begin in mid-2024.
Delfin has completed permitting work with a positive Record of Decision from the Maritime Administration and a 13 MTPA non-free trade agreement Department of Energy export license. The export terminal will be located 37.4 to 40.8 nautical miles off the coast of Cameron Parish.