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Oil Price | UK's Centrica Signs $8.5B Long-Term Deal To Import U.S. LNG, 9 Aug
Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG export facility offshore Louisiana, in a 15-year-deal worth USD 8.5B (GBP 7B).

Delfin has thus secured another long-term customer, which is expected to facilitate a Final Investment Decision (FID) for Delfin Deepwater Port, the first floating LNG export facility in the United States, by the end of this year, the companies said in a joint statement on Tuesday.
In June, Centrica signed a deal with Norway's major Equinor for the delivery of an additional 1 billion cubic meters (bcm) of gas supplies to the UK for each of the next three winters. Centrica has also been awarded by UK authorities a gas storage license for the Rough site in the southern North Sea--a site that was closed in 2017, but could reopen as early as this winter.

by Cat on Wed Aug 10th, 2022 at 01:26:00 AM EST
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