Delfin LNG Signs MOU with Lithuanian Energy Company and Joint Development Agreement with Höegh LNG

Delfin LNG LLC (Delfin) announced today that it has signed a memorandum of understanding (MOU) with natural gas supply and trading company LITGAS, which is part of the Lithuanian state-controlled Lietuvos Energija energy company group.  Under the terms of the MOU, LITGAS intends to contract processing capacity at Delfin’s LNG export deepwater port in the Gulf of Mexico, off the Louisiana coast.  According to the press release, Delfin expects to be the first floating deepwater liquefaction project in the United States and be fully operational by 2019.

Delfin also announced today that it has signed a Joint Development Agreement with Höegh LNG Ltd (Höegh LNG) under which Höegh LNG will act as a co-owner, owner’s engineer and operator of the floating liquefaction vessels for the deepwater port.

 

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