Delfin Midstream Inc. has signed another agreement to supply LNG from its proposed floating liquefaction project offshore Louisiana, in what management said is another step closer to a positive final investment decision (FID). 

The company signed a 15-year sales and purchase agreement (SPA) to supply 0.5-1 million metric tons/year (mmty) of liquefied natural gas to an affiliate of global commodities trader Gunvor Group Ltd. The volumes would be supplied at the Delfin Deepwater Port, which could ultimately be home to four floating LNG vessels with the capacity to produce up to 13.3 mmty of the super-chilled fuel. 

“This latest sale and purchase agreement further demonstrates our attractiveness as a long-term source of scalable, reliable and clean LNG,” said Delfin CEO Dudley...