Driftwood

Houston-based Tellurian Inc., which has a natural gas export project in the queue, has launched separate, binding open seasons through June 21 to gauge interest in two pipelines to move supply in Louisiana, including from the Haynesville Shale, to the Gulf Coast.

A divided FERC voted to authorize two liquefied natural gas (LNG) export projects Thursday, as Commission staff reported that the United States is likely to continue as a net exporter of natural gas in 2019, with six fully operational LNG export terminals online by year’s end.

Tellurian Inc. has launched a binding open season for a natural gas pipeline that would carry at least 2 Bcf/d from the Permian Basin to the Louisiana coast.

Total SA’s stake in Tellurian Inc.’s planned Louisiana liquefied natural gas (LNG) export project is nearing the $1 billion mark after the French major agreed to invest another $500 million in the facility.

Developers of the Driftwood liquefied natural gas (LNG) export facility stand to benefit from a property tax break approved by Louisiana regulators deemed “crucial” to development.

FERC has issued a draft environmental impact statement (DEIS) for the Driftwood LNG project, which calls for construction and operation of a 26 million metric ton/year (mmty) liquefied natural gas (LNG) export facility near Lake Charles, LA, and a 96-mile pipeline connecting the facility to interstate pipelines.

Houston-based Tellurian Inc., which is building a global natural gas business centered around Gulf Coast exports and onshore upstream development, has an estimated $29 billion in “near-term investments,” CEO Meg Gentle said Thursday.

Tellurian Inc.’s Driftwood LNG LLC and Driftwood Pipeline LLC have formally filed at FERC to construct and operate a 26 million tonne per annum (mtpa) liquefied natural gas (LNG) export facility near Lake Charles, LA, and a 96-mile pipeline connecting the facility to interstate pipelines.

Liquefied Natural Gas (LNG) veterans Martin Houston and Charif Souki have applied at FERC to begin the pre-filing review of the first Gulf Coast terminal project of a venture they founded earlier this year.