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Delfin LNG and German firm SEFE sign 15-year supply deal
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Delfin LNG and German firm SEFE sign 15-year supply deal
Mar 25, 2025 11:50 AM

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.

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