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    Home > Finance > Delfin LNG and German firm SEFE sign 15-year supply deal
    Finance

    Delfin LNG and German firm SEFE sign 15-year supply deal

    Published by Global Banking & Finance Review®

    Posted on March 25, 2025

    2 min read

    Last updated: January 24, 2026

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    Quick Summary

    Delfin LNG and SEFE have signed a 15-year agreement for 1.5 million tons of LNG annually, with exports from floating vessels in Louisiana.

    Delfin LNG and SEFE Ink 15-Year LNG Supply Agreement

    HOUSTON (Reuters) - Delfin LNG and German company Securing Energy For Europe (SEFE) have signed a 15-year agreement for 1.5 million tons of U.S. LNG per annum, the companies said on Tuesday.

    Under the agreement, liquefied natural gas would be exported from floating LNG (FLNG) vessels that Delfin wants to deploy off Cameron Parish, Louisiana, Delfin said in a press release.

    The free-on-board deliveries will commence immediately following the construction and commissioning of the FLNGs, Delfin said.

    It did not provide a timeline. The project does not yet have a final investment decision.

    "This long-term agreement with Delfin enables SEFE to further diversify its LNG portfolio with greater destination flexibility," said SEFE's chief commerical officer, Frederic Barnaud.

    SEFE also has LNG supply agreements with other U.S. producers including Venture Global LNG.

    Last Friday, the U.S. Maritime Administration issued a license authorizing Delfin to build a deepwater port to export LNG from the United States.

    The company also has a license from the Department of Energy to export up to 13.2 MTPA of the superchilled gas to countries that do not have a free trade agreement with the United States.

    The U.S. is the world's largest exporter of LNG and has played a crucial role in providing Europe and Germany with the gas it needs to replace Russian gas following Russia's invasion of Ukraine.

    (Reporting by Curtis Williams in Houston; Editing by Leslie Adler)

    Key Takeaways

    • •Delfin LNG and SEFE sign a 15-year supply deal.
    • •1.5 million tons of LNG to be exported annually.
    • •Exports from floating LNG vessels in Louisiana.
    • •SEFE diversifies its LNG portfolio.
    • •U.S. strengthens its role as a major LNG exporter.

    Frequently Asked Questions about Delfin LNG and German firm SEFE sign 15-year supply deal

    1What is the main topic?

    The main topic is the 15-year LNG supply agreement between Delfin LNG and SEFE.

    2What does the agreement entail?

    The agreement involves exporting 1.5 million tons of LNG annually from floating vessels in Louisiana.

    3Why is this agreement significant?

    It diversifies SEFE's LNG portfolio and strengthens the U.S.'s role as a major LNG exporter.

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