Delfin Midstream Greenlights First US Floating LNG Export Project
06.04.2026 By Tank Terminals - NEWS

June 04, 2026 [Reuters]- Delfin Midstream said on Wednesday it has taken a positive ​final investment decision for the first floating liquefied natural ​gas (FLNG) vessel of the Delfin LNG project under development offshore ⁠Louisiana in the Gulf of Mexico.

 

Delfin FLNG 1 will be ​the first floating liquefaction facility in the U.S. and the largest FLNG ​project globally, with an expected export capacity of 4.4 million tonnes of LNG per year, the company said.

Delfin has secured investments from Global Infrastructure Partners — a ​part of BlackRock — as well as Mitsui O.S.K. Lines, Diameter Capital ​Partners and Vitol, the company said in a statement on Wednesday.

The development was ‌delayed ⁠for months following an explosion on a pipeline near Holly Beach and Johnson Bayou in Louisiana expected to supply gas to the facility.

In March, Eduard Ruijs, head of investment at Vitol, which holds a ​stake in the ​project, told Reuters ⁠the Delfin development would have secured financial approval earlier if not for the pipeline blast.

The project ​is backed by long-term LNG sales agreements with leading ​global energy ⁠companies including Vitol, Expand Energy, Centrica and Gunvor .

With the first vessel scheduled to begin LNG production in 2030, the company continues to move ⁠toward ​securing FIDs for FLNG vessels two and ​three over the coming year, Delfin said.
 

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