Driftwood

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
Tellurian Evaluating Options to Cut Driftwood LNG Costs

Tellurian Evaluating Options to Cut Driftwood LNG Costs

Tellurian Inc. said in a regulatory filing on Wednesday that it was evaluating options to cut the costs of the first phase of its proposed 27.6 million metric tons/year (mmty) Driftwood liquefied natural gas (LNG) terminal in Louisiana.  It was the latest announcement from the company as it works to get the project off the…

July 22, 2020
Tellurian Delays Driftwood FID, May Drop Permian Pipeline Plan

Tellurian Delays Driftwood FID, May Drop Permian Pipeline Plan

Liquefied natural gas (LNG) developer Tellurian Inc. has delayed a final investment decision (FID) on its proposed Driftwood LNG export terminal by one year to 2021 and may drop plans to build a $4.2 billion pipeline to bring Permian Basin supply to the first phase of the project, the company’s chief said Tuesday.

June 17, 2020
Tellurian Slashes Spending, Confronts Turmoil in Global LNG Markets

Tellurian Slashes Spending, Confronts Turmoil in Global LNG Markets

Tellurian Inc. on Monday said it is feeling the squeeze of a global natural gas glut and has announced a cut in corporate spending as it works to sanction a massive liquefied natural gas (LNG) export terminal in Louisiana.

March 2, 2020
Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Still seeking the commitments it will need to reach a final investment decision (FID) on its proposed Driftwood liquefied natural gas (LNG) export project, Tellurian Inc. said it has extended negotiations with prospective buyer Petronet LNG Limited of India.

February 27, 2020
Lawsuit Between LNG Rivals Cheniere, Tellurian Dismissed Ahead of Trial

Lawsuit Between LNG Rivals Cheniere, Tellurian Dismissed Ahead of Trial

A lawsuit between Cheniere Energy Inc. and Tellurian Inc. has been dismissed by a Texas district court. A $400 million counterclaim by Cheniere’s one-time business partner Parallax Enterprises LLC also was dismissed, days before a trial was set to begin in Harris County District Court in Houston.*

February 3, 2020
Lawsuit Between LNG Rivals Cheniere, Tellurian Dismissed Ahead of Trial

Lawsuit Between LNG Rivals Cheniere, Tellurian Dismissed Ahead of Trial

A lawsuit between Cheniere Energy Inc. and Tellurian Inc. has been dismissed by a Texas district court. A $400 million counterclaim by Cheniere’s one-time business partner Parallax Enterprises LLC also was dismissed, days before a trial was set to begin in Harris County District Court in Houston.*

February 3, 2020
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