Delfin Approves $5 Billion Floating LNG Export Project Off Louisiana Coast

Delfin Midstream has reached a Final Investment Decision for the first U.S. offshore floating LNG export facility (FLNG 1), located ~40 miles off the Louisiana coast, with a capacity of 4.4 mtpa and expected first production in 2030. This project will introduce a new maritime LNG export hub in the Gulf of Mexico, generating significant vessel traffic (LNG carriers, support vessels) in the area from construction through operations.