LNG

The US Department of Energy has approved a long-term export application from the first floating liquefied natural gas production project in North America, the Delfin LNG joint venture proposed for the Gulf of Mexico offshore Louisiana.

The US Delfin LNG export venture planned for 50 miles offshore Cameron Parish, Louisiana, has been awarded a deepwater port licence by the US Maritime Administration, clearing the way for the first North American FLNG project to proceed.

The US Delfin LNG export venture planned for 50 miles offshore Cameron Parish, Louisiana, has signed a $1.5 billion financing contract with the state-owned Korean Development Bank to help guarantee the construction of three project vessels at South Korean shipyards.