TheGlobe.com Inc (TGLO)

[Cache]

"We cannot speak to the issues at Golar or the disclosures it has made as part of its earnings announcement, but the Delfin Project is well established and has attracted significant global partners," Pastoor said in a recent email.

Delfin LNG has not yet made a final investment decision for the export facility — though it had initially projected to do so by 2018 — nor has it announced how it would be financing the project.

Pastoor, the COO, noted that the Golar LNG deal was only for one out of four floating LNG vessels planned. Delfin LNG is developing a new construction model with Samsung and Black & Veatch and expects it to be manufactured in Korea. An alternative conversion model would likely be built in China or Singapore.

The company suggested that its unique engineering model will be less expensive to build.

"Delfin LNG continues to see strong interest from LNG buyers for its low-cost, flexible, floating solution," Pastoor said.