Replies to post #3497 on TheGlobe.com Inc (TGLO)

[mitcheroo]

"The project has the virtue of being relatively inexpensive..."

heh heh, they have no idea

[PENNIEStoSTACKS]

"The Mark II solution, which will be used at the Delfin LNG project, will have more than 3.0 mmtpa of liquefaction capacity and be the cheapest liquefaction solution in North America."
https://pgjonline.com/2017/06/23/golar-lng-and-delfin-midstream-sign-agreement-to-jointly-lng-project/

Golar's flexible, floating liquefaction model has proven to be the world's lowest cost liquefaction solution.

However, Deflin said the partnership would allow Delfin LNG to offer “innovative commercial solutions with reduced credit requirements, mid-term offtake contracts” of about 10 years, and freight-on-board and LNG pricing “based on fixed price, S curves or tied to a variety of energy indexes.

Delfin LNG has four primary components:

U-T Offshore Systems (UTOS), the existing natural gas subsea pipeline that Delfin purchased from Enbridge Inc. in 2014;
A newly built onshore compressor system to allow gas to flow through UTOS from onshore Louisiana to the deepwater port;
A deepwater port with four mooring systems to house the FLNG vessels (FLNGV); and
Four FLNGVs with a total export capacity of 13 million metric tons/year (mmty).

Golar’s first LNG vessel, the Hilli Episeyo, is nearing completion at the Keppel Shipyard in Singapore and is scheduled for delivery in 3Q2017. Its second vessel, Gandria, is awaiting a final investment decision. Golar now is developing the Mark II next-generation system, which would be used for the Delfin project with more than 3 mmty of capacity.

http://www.naturalgasintel.com/articles/110869-golar-partners-with-delfin-on-proposed-flng-project-offshore-louisiana