LNG

Expand Energy has terminated its first-ever offtake agreement with Delphin LNG and replaced it with a larger contract that more than doubles volumes to  1.15 mtpa of LNG per year at Henry‑Hub‑linked pricing. Shipments will originate from Delfin FLNG Vessel 1, with targeted commercial start around 2031.

Delfin LNG is about to close financing on its 13.2 mtpa floating LNG project offshore Louisiana. Vitol’s head of investment, Eduard Ruijs, said a final investment decision (FID) on the project is expected “in the next few weeks, or at most months.”