TheGlobe.com Inc (TGLO)

[dave79]

Thanks Tweed! Link below:

https://www.enverus.com/blog/gulf-coast-lng-offtake-boom-slows-significantly-in-2023/#:~:text=In%20the%20first%20nine%20months,supplies%20not%20shipped%20from%20Moscow.

So far this year Delfin Midstream also signed two SPAs, one with European firm Centrica and one with commodities firm Hartree Partners, with the contracts covering 1.6 mtpa and adding to one SPA covering 0.5 mtpa signed in 2022. Unlike the other projects with offtake agreements, which are land-based, Delfin is developing a floating LNG seaport project. If fully developed, Delfin LNG is designed to accommodate up to four FLNG facilities to produce up to 13.3 mtpa. The company said it is in the final phase ahead of an FID for the first two FLNG vessels and is accelerating the development of the remaining FLNG slots in light of a strong market outlook for cleaner-burning fuels in Asia and continuing strong demand in Europe. First LNG is targeted for 2027.