Driftwood

Driftwood LNG Loses Shell, Vitol Supply Agreements in Major Setback

Driftwood LNG Loses Shell, Vitol Supply Agreements in Major Setback

Tellurian Inc. said Friday that two sales and purchase agreements (SPA) underpinning its proposed Driftwood LNG terminal in Louisiana have been terminated, dealing another major blow to the project, which was already facing delays. In a regulatory filing with the Securities and Exchange Commission (SEC), Tellurian said an affiliate of Shell plc had terminated a…

September 23, 2022
Tellurian Begins Some Driftwood LNG Construction Ahead of FID

Tellurian Begins Some Driftwood LNG Construction Ahead of FID

Tellurian Inc. said Monday it would soon start work on its Driftwood liquefied natural gas (LNG) terminal on the Louisiana coast by self-funding basic construction ahead of a final investment decision (FID). The Houston-based company gave approval for Bechtel Energy Inc. to start work on the first phase – 11 million metric tons/year (mmty)– of…

March 28, 2022
EPA Petitioned to Deny Tellurian’s Driftwood LNG Operating Permit

EPA Petitioned to Deny Tellurian’s Driftwood LNG Operating Permit

The Sierra Club has filed a petition on behalf of a coalition of Louisiana environmental groups requesting the Environmental Protection Agency (EPA) deny Tellurian Inc.’s Title V operating permit request for the proposed Driftwood liquified natural gas (LNG) terminal. In the petition filed last week, the Sierra Club argued that the company’s permit for the…

January 24, 2022
Tellurian Finalizes Offtake Agreements for First Phase of Driftwood LNG

Tellurian Finalizes Offtake Agreements for First Phase of Driftwood LNG

Tellurian Inc. on Thursday said it has secured enough offtake to support the first phase of its proposed Driftwood liquefied natural gas (LNG) export project in Louisiana after signing a deal with Royal Dutch Shell plc to supply 3 million metric tons/year (mmty).  The project hasn’t been sanctioned yet, but the sale and purchase agreement…

July 29, 2021
Tellurian Terminates $700M Deal with TotalEnergies for Driftwood LNG

Tellurian Terminates $700M Deal with TotalEnergies for Driftwood LNG

A deal with French supermajor TotalEnergies SE that would have injected up to $700 million into Tellurian Inc.’s planned Driftwood liquefied natural gas (LNG) export facility in Louisiana has fallen through after the project developer failed to meet a key deadline for sanctioning the project. In a filing with the U.S. Securities and Exchange Commission,…

July 12, 2021
Tellurian Looking to Build Natural Gas Pipeline System to Serve Demand in Southwestern Louisiana

Tellurian Looking to Build Natural Gas Pipeline System to Serve Demand in Southwestern Louisiana

Tellurian Inc. is looking for approval from FERC to build a 37-mile, dual 42-inch pipeline system in Louisiana to meet natural gas demand in the Lake Charles area and potentially serve its proposed export terminal.  The Line 200 and 300 project would pair supplies from various production regions with growing industrial, petrochemical, manufacturing, power generation,…

June 22, 2021
Proposed Driftwood Pipe Expansion to Source Natural Gas from Multiple Basins, Says Tellurian

Proposed Driftwood Pipe Expansion to Source Natural Gas from Multiple Basins, Says Tellurian

Tellurian Inc. subsidiary Driftwood Pipeline LLC (DWPL) is holding a binding open season through Friday (April 2) to test support for up to 4.6 Bcf/d on the proposed Line 200 and Line 300 expansion project in Louisiana. The expansion of the 4 Bcf/d Driftwood pipeline is part of a larger system network planned by Tellurian…

March 31, 2021
Tellurian Gauging Support to Expand Driftwood Natural Gas Pipeline in Louisiana

Tellurian Gauging Support to Expand Driftwood Natural Gas Pipeline in Louisiana

Tellurian Inc. subsidiary Driftwood Pipeline LLC (DWPL) is holding a binding open season through Friday (April 2) to test support for up to 4.6 Bcf/d on the proposed Line 200 and Line 300 expansion project in Louisiana. The expansion of the 4 Bcf/d Driftwood pipeline is part of a larger system network planned by Tellurian…

March 30, 2021
Tellurian in Market for More Haynesville Assets to Feed Driftwood LNG

Tellurian in Market for More Haynesville Assets to Feed Driftwood LNG

Tellurian Inc., which continues to work toward a final investment decision on its Driftwood liquefied natural gas (LNG) terminal proposed for Louisiana, plans to acquire additional assets in the Haynesville Shale this year.  The company said in its year-end earnings report that it intends to “pursue potential acquisitions” of properties or companies that own Haynesville…

March 1, 2021
Tellurian Cuts Driftwood LNG Costs, Defers Haynesville Supply Pipeline

Tellurian Cuts Driftwood LNG Costs, Defers Haynesville Supply Pipeline

Tellurian Inc. said this week it has cut costs for the first phase of the proposed 27.6 million metric ton/year (mmty) Driftwood liquefied natural gas (LNG) export terminal as it works toward sanctioning the massive project in a weak global market.   The Houston-based operator indicated in an investor presentation on Wednesday that it would achieve…

August 13, 2020
‹ Previous 1 2 3 4