Trump Administration Touts Progress on Nation's First Offshore LNG Export Facility

The Trump administration is touting a major milestone for U.S. energy exports after Delfin Midstream reached a final investment decision (FID) on the first phase of its offshore liquefied natural gas export project off the coast of Louisiana.

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Tuesday highlighted the $5 billion investment in Delfin FLNG 1, which is expected to become the first floating LNG export facility operating in U.S. waters when it enters service later this decade.

The announcement follows Delfin’s June 3 disclosure that a consortium led by Global Infrastructure Partners, now part of BlackRock, had approved funding