HOUSTON, March 25 (Reuters) - Delfin LNG and German
company Securing Energy For Europe (SEFE) have signed a 15-year
agreement for 1.5 million tons of U.S. LNG per annum, the
companies said on Tuesday.
Under the agreement, liquefied natural gas would be exported
from floating LNG (FLNG) vessels that Delfin wants to deploy off
Cameron Parish, Louisiana, Delfin said in a press release.
The free-on-board deliveries will commence immediately
following the construction and commissioning of the FLNGs,
Delfin said.
It did not provide a timeline. The project does not yet
have a final investment decision.
"This long-term agreement with Delfin enables SEFE to
further diversify its LNG portfolio with greater destination
flexibility," said SEFE's chief commerical officer, Frederic
Barnaud.
SEFE also has LNG supply agreements with other U.S.
producers including Venture Global LNG.
Last Friday, the U.S. Maritime Administration issued a
license authorizing Delfin to build a deepwater port to export
LNG from the United States.
The company also has a license from the Department of
Energy to export up to 13.2 MTPA of the superchilled gas to
countries that do not have a free trade agreement with the
United States.
The U.S. is the world's largest exporter of LNG and has
played a crucial role in providing Europe and Germany with the
gas it needs to replace Russian gas following Russia's invasion
of Ukraine.