The U.S. Maritime Administration has licensed Delfin Midstream to build a $5 billion floating LNG export terminal 40 nautical miles off Louisiana. The project will utilize the UTOS pipeline to connect four floating LNG units to existing offshore pipelines, targeting first exports between 2029 and 2030. The terminal is designed to export 4.4 million tonnes of LNG per year, with 90% of its capacity secured through long-term agreements.
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