Delfin Midstream signs LNG SPA with Vitol Inc.
Under the SPA, Delfin will supply 0.5 million tpy on a FOB basis at the Delfin Deepwater Port 40 nautical miles off the coast of Louisiana to VIC for a 15-year period.
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Under the SPA, Delfin will supply 0.5 million tpy on a FOB basis at the Delfin Deepwater Port 40 nautical miles off the coast of Louisiana to VIC for a 15-year period.
An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.
Under the SPA, Guangdong Energy Group will purchase approximately 1.0 million tpy of LNG indexed to Henry Hub and delivered on an ex-ship (DES) basis.
Under the 20-year Sales and Purchase Agreement, China Gas will purchase 1.0 million tpy of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas, US.
The company estimates that partial liquefaction operations to will be resumed in early October 2022.
Wood will deliver owner’s engineering services for the Cameron LNG expansion project in Louisiana, US.
The companies have signed a Sales and Purchase Agreements for the purchase of 2 million tpy of LNG for 20 years.
Cheniere has announced that its subsidiaries, Sabine Pass Liquefaction and Cheniere Marketing, have each entered into long-term LNG Sales and Purchase Agreements with Chevron.
The HOA is for the long-term supply of LNG from Sempra Infrastructure’s Gulf Coast LNG portfolio of projects under development in North America.
An incident occurred at the company’s liquefaction plant on Quintana Island that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud and a subsequent fire at the facility.
Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.
During the first four months of 2022, the US exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA.