When will the Delfin LNG project reach a final investment decision?

The final investment decision for the Delfin LNG project is expected in the coming weeks or months.

Has the pipeline for the Delfin LNG project been fixed?

Yes, the pipeline that ruptured on February 3 has since been repaired and is awaiting regulatory approval to restart flows.

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Delfin LNG Project Decision Nears After Pipeline Fix

Q: What caused the delay in the Delfin LNG project's decision?

A pipeline explosion on February 3, which disrupted gas flow to the proposed floating LNG plant, had previously delayed the project's approval.

26 Mar

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Summary

Final investment decision for Delfin LNG project expected soon.
A pipeline explosion had previously delayed the project's approval.
The pipeline has been repaired and awaits regulatory clearance.

Delfin LNG Project Decision Nears After Pipeline Fix

The Delfin LNG project, located offshore Louisiana, is poised for a final investment decision within the next few weeks to months. This critical financial approval was delayed due to a February 3 pipeline explosion that disrupted gas flow to the proposed floating LNG plant. Fortunately, the pipeline has since been repaired and is currently awaiting regulatory clearance before operations can resume. Once these regulatory steps are completed, the final investment decision will be made, according to Eduard Ruijs, head of investment for Vitol, a significant investor in the project. The project aims for a capacity of 13.2 million metric tons per year.

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