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Delfin and Vitol Sign 15yr SPA

LNG

Delfin signs LNG sale and purchase agreement with Vitol

  • Delfin will supply 0.5mtpa on a FOB basis at the Delfin Deepwater Port for a 15-year period.
  • The SPA is indexed to Henry Hub and valued at approximately $3bn in revenue over 15 years.
  • Delfin has signed other HOAs that are being finalized for the project requiring 2 to 2.5mtpa of long-term contracts to begin construction.
  • Final investment decision on the first FLNG vessel is due by the end of this year.
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