LNG authorizations

Tellurian Inc. said Tuesday it is exploring opportunities to sell its upstream natural gas business in the Haynesville Shale.  The idea is to reduce debt and shore up cash to advance the troubled Driftwood LNG export project on the Louisiana coast, said management of Houston-based Tellurian. As it seeks to commercialize the liquefied natural gas…

Global natural gas demand is set to rise by 2.5% or 100 billion cubic meters (Bcm) in 2024 versus 2023, likely accompanied by increased price volatility, according to the International Energy Agency (IEA). This compares to a demand increase of 0.5% recorded in 2023, the global energy watchdog said in its latest quarterly Gas Market…

Tellurian Inc. Chairman Martin Houston said the firm is exploring ways to secure contracts and partnerships for the proposed Driftwood LNG project with the help of a global financial adviser, pushing back on reports it may be looking to sell after an organizational shakeup. In a letter to investors Monday, Houston confirmed reports that Tellurian…

The Biden administration on Friday did as rumored and said it would temporarily pause new federal export authorizations for LNG projects while the Department of Energy (DOE) reviews policies to determine whether more capacity is in the public interest. The White House and DOE ended days of speculation after a New York Times report earlier…