HomeNewsDelfin Midstream Signs LNG Sale and Purchase Agreement With Vitol Inc

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Delfin Midstream Signs LNG Sale and Purchase Agreement With Vitol Inc

7/13/2022

Delfin Midstream - Press release Delfin Midstream Inc has finalized a binding liquified natural gas sale and purchase agreement with Vitol Inc., the Americas-based affiliate of Vitol, which is the world’s largest independent trader of energy. In addition to the SPA, Vitol has finalized a strategic investment in the company. Under the SPA, Delfin will supply 0.5 million tonnes per annum (“mtpa”) on a free on-board (“FOB”) basis at the Delfin Deepwater Port 40 nautical miles off the coast of Louisiana to VIC for a 15-yearperiod. The SPA is indexed to Henry Hub benchmark. The agreement is valued at approximately $3billion in revenue over 15 years.“Recent events have only accelerated the need

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