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Monday, June 07, 2021 8:34:27 AM
In light of the abundant natural gas resources in this country and the low cost of that supply, there
continues to be a significant demand for U.S.-sourced LNG, generally, and from the Project specifically.
Delfin LNG has engaged in extensive discussions with potential, international LNG off-takers that will
enter into tolling agreements to acquire liquefaction services from the Project. Delfin LNG has signed a
memorandum of understanding (MOU) in relation to the tolling of all of the liquefaction capacity for the
first FLNGV with the option to expand its tolling arrangement to include the liquefaction capacity of
additional FLNGVs. Delfin LNG also has announced that that it has entered into an MOU for capacity
from its Project with natural gas supply and trading company LITGAS, part of the Lithuanian statecontrolled Lietuvos Energija energy company group. With this customer, Delfin LNG will offer a key,
new competitive supply source into Eastern Europe as an alternative to Russian supplies.
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