Delfin Signs 15-Year LNG Supply Deal with Germany's SEFE

Delfin Midstream has successfully signed a long-term agreement with Germany's SEFE Securing Energy for Europe to supply 1.5 million tonnes of liquefied natural gas (LNG) annually for at least 15 years. The LNG will be sourced from Delfin's floating LNG vessels located 40 miles offshore from Cameron, Louisiana, with deliveries starting after the completion of the FLNG units. This partnership aims to diversify SEFE's LNG portfolio, enhancing the security of supply for its customers in Europe and globally. Delfin's CEO highlighted the project's strategic importance, emphasizing its role in providing reliable energy from the U.S. The deal reflects ongoing optimism among U.S. LNG exporters regarding European demand. Furthermore, recent approvals from U.S. energy authorities have set the commencement date for exports to June 1, 2029.