Delfin LNG, the company driving a 13 MTPA floating LNG development in the Gulf of Mexico, is treading water in its quest to secure offtake deals for the project.
This comes after Delfin was given last year given a one-year extension from US FERC to build the facilities and its financial investment decision for the project was also deferred to 2020.
Four FLNG vessels
Now the company is pushing for an additional one-year extension to construct the proposed terminal with moorings for four FLNG vessels, located 80km offshore of Cameron Parish, Louisiana.
However, FERC says Delfin is struggling to woo LNG buyers as a consequence of the COVID-19 virus, ongoing United States trade war conflict with China and the fall of global crude oil prices.
Delfin has now requested an extension to construct the onshore facilities to 28 September next year, which has been planned to transport gas to its LNG deepwater port offshore Louisiana.
Delfin had initially planned for LNG production to begin in the second half of 2023.