- U.S. oil and gas producer Devon Energy has entered into a liquefied natural gas export partnership with LNG export infrastructure development company, Delfin Midstream.
- The partnership includes an agreement for long-term liquefaction capacity and a strategic investment by Devon n Delfin.
- The agreeemnet provides Devon up to 2.0 million tons per annum of total liquefaction capacity on a long-term basis.
- Specifically, it lays down a framework for finalizing a definitive long-term tolling agreement representing 1 MTPA of liquefaction capacity in Delfin's first Floating LNG vessel, with the ability to add an additional 1 MTPA in Delfin's first or a future Floating LNG vessel.
- The agreement also provides opportunity for additional future equity investments in Delfin by Devon..
Monday, September 5, 2022
World's Fastest Growing Oil Company Enters LNG Partnership With Delfin Midstream -- September 6, 2022
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