Environmental groups are continuing to pressure LNG export facility and pipeline developers through federal appeals courts as lawsuits seeking to repeal authorizations stack up. In the latest of a series of filings to the U.S. Court of Appeals for the District of Columbia Circuit, Healthy Gulf and the Sierra Club requested FERC’s approval of two…
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Tellurian Replaces Souki as Driftwood LNG Development Enters ‘Important Moment,’ CEO Says
Charif Souki, Tellurian Inc. co-founder and one of the architects of the U.S. LNG export industry, has been replaced as the executive chairman of his latest firm established to build the Driftwood LNG project. Houston-based Tellurian disclosed that the company’s other co-founder, Martin Houston, had been tapped to take over as chairman of the board…
Hedgeable LNG Market at Least Five Years Away, Tellurian’s Souki Says
It will take at least five more years for the global liquefied natural gas (LNG) market to become a fully hedgeable market like oil, said Tellurian Inc. chairman and LNG pioneer Charif Souki in an interview posted Thursday by IHS Markit. The LNG market, which originated decades ago as a point-to-point business with long-term contracts…
U.S. Influence on Global Natural Gas Evident in European, Asian Price Rallies, Says Tellurian’s Souki
Reduced natural gas drilling in the United States has surprisingly caused European and Asian LNG prices to quickly surge, said Tellurian Inc. chairman and liquefied natural gas (LNG) pioneer Charif Souki during an interview with Columbia University this week. “America sneezes and the rest of the world catches a cold,” Souki said in a podcast…
Cheniere Exec Gentle Jumps Ship to Rival Souki Venture
Former Cheniere Energy Inc. marketing executive Meg Gentle has ponied up $10 million of her takings from that company to buy into startup liquefied natural gas (LNG) developer Tellurian Investments, which was co-founded by ousted Cheniere co-founder Charif Souki. Gentle will be Tellurian’s president and CEO, and a member of its board.
New Souki-Houston Venture Files For First Louisiana LNG Terminal
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.
New Souki-Houston Venture Files For First Louisiana LNG Terminal
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.
Souki, Houston Start Over With Long View of Low-Cost U.S. LNG
Cheniere Energy Inc., its former CEO Charif Souki and his business partner Martin Houston can all agree that the United States will be the low-cost provider of liquefied natural gas (LNG) to an expanding global market for decades to come. And that might be the end of it.
People — Charif Souki
Cheniere Energy Inc. co-founder and former CEO Charif Souki has resigned from the company’s board of directors, Cheniere disclosed in a regulatory filing. Souki was ousted from the CEO post late last year after he reportedly tangled with activist investor Carl Icahn, the company’s largest shareholder (see Daily GPI,Dec. 14, 2015). Neal A. Shear is interim president and CEO.Andrea Botta had replaced Souki as board chairman.
NGI The Weekly Gas Market Report
CEO Souki Tossed Overboard Before Cheniere’s First Cargo Sails
Weeks before its Louisiana liquefied natural gas (LNG) terminal is due to send out its first cargo, Cheniere Energy Inc. has ousted company co-founder and CEO Charif Souki after he reportedly tangled with activist investor Carl Icahn, the company’s largest shareholder.