Driftwood

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
Engineering Progressing at Tellurian’s Driftwood LNG Terminal

Engineering Progressing at Tellurian’s Driftwood LNG Terminal

Tellurian Inc. continues to market the volumes of its massive 27.6 million metric tons/year liquefied natural gas (LNG) export facility, with more than a quarter of the engineering already complete at the Driftwood LNG terminal, management said.

November 11, 2019
Tellurian’s Driftwood LNG Seals Big Supply Pact with India’s Petronet

Tellurian’s Driftwood LNG Seals Big Supply Pact with India’s Petronet

Tellurian Inc. over the weekend took another step toward sanctioning its massive natural gas export project on the Gulf Coast with a proposed agreement to sell a significant portion of capacity to India’s state-owned Petronet LNG Ltd.

September 23, 2019

Weak Global LNG Prices Nearing ‘Inflection Point,’ Says Tellurian’s Gentle

As Tellurian Inc. looks to spend the rest of 2019 completing agreements to move forward with its proposed Driftwood liquefied natural gas (LNG) export project in Louisiana, management sees global prices reaching an “inflection point” either this winter or in 2020.

August 12, 2019
Freeport LNG Inches Forward with Latest FERC Approval; Total, Tellurian Clinch Deal

Freeport LNG Inches Forward with Latest FERC Approval; Total, Tellurian Clinch Deal

Progress continues in bringing online the third liquefied natural gas (LNG) export facility along the Gulf Coast after federal authorities approved some commissioning activities at Freeport LNG.

July 11, 2019