Delfin Midstream and Devon Energy Enter into LNG Export Partnership
9/5/2022
Delfin Midstream - Press release Delfin Midstream Inc and Devon Energy Corporation today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin. The HOA provides the framework for finalizing a definitive long-term tolling agreement representing 1.0 million tons per annum (MTPA) of liquefaction capacity in Delfin’s first Floating LNG vessel, with the ability to add an additional 1.0 MTPA in Delfin’s first or a future Floating LNG vessel. In addition to providing Devon up to 2.0 MTPA of total liq