The Energy Department has granted Delfin LNG approval to export 1.8 billion cubic feet per day of liquefied natural gas over a 20-year period to countries that are not bound by free-trade agreements.The company will export LNG from the proposed Delfin floating liquefaction facility in the Gulf of Mexico, DOE said Thursday.The U.S. Coast Guard and the Maritime Administration conducted the environmental review of the Delfin project that is located off Cameron Parish in Louisiana.
The proposed offshore project will cover the development of storage vessels and floating liquefaction terminals.Energy Secretary Rick Perry said the authorization seeks to reflect efforts to invest in natural gas for job creation and economic development as well as help allies ensure energy security.The approval of the Delfin offshore project brings the country’s total natural gas export capacity to 21 billion cubic feet per day.India-based Fairwood Group and U.S.-based Peninsula group jointly own the Delfin LNG terminal.
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Silver Price Equal Off with Notable Support
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BENGALURU, FEB 27:
Gold prices held firm on Monday near 3-1/2 month highs hit in the previous session, with investor...
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