Tellurian

Baker Hughes Co. has inked a deal to supply Tellurian Inc.’s Driftwood export terminal in Louisiana with liquefaction equipment, keeping the project on track to achieve first LNG in 2027 even though it hasn’t been sanctioned yet.  Baker Hughes would provide eight gas turbines, main refrigerant compressors and the control units needed for the first…

Tellurian Inc. said a deal to sell LNG to an affiliate of Gunvor Group Ltd. from its proposed Driftwood export terminal has been terminated. “The parties were unable to reach agreement on the commercial terms of an amendment to the agreement,” Tellurian said in a U.S. regulatory filing.

Feed gas nominations to Cheniere Energy Inc.’s Sabine Pass export terminal in Louisiana bounced back to 4.2 Bcf/d Wednesday after falling by 600 MMcf/d Tuesday.

Mexico’s President Andrés Manuel López Obrador said on Twitter Wednesday that Mexico Pacific Ltd. LLC (MPL) would build its 14.1 million metric tons/year Saguaro Energía LNG project on the country’s west coast and spend $14 billion on the project. 

A roundup of news and commentary from NGI’s LNG Insight  Tellurian Inc. will ask shareholders to double the company’s common stock from 800 million to 1.6 billion shares at its annual meeting in June, the company said in a regulatory filing. The company, which has yet to sanction its 27 million metric tons/year Driftwood LNG…

Tellurian Inc. said in a regulatory filing Thursday it signed a binding letter of intent (LOI) to sell 800 acres for its Driftwood LNG export project in Louisiana to an unnamed institutional investor for $1 billion and then lease the property. The company in a Form 8-K filed with the U.S. Securities and Exchange Commission…

Gunvor Group Ltd. has the option to terminate its deal to buy supplies from the proposed Driftwood LNG terminal after a deadline passed Tuesday for Tellurian Inc. to meet certain conditions. The sales and purchase agreement (SPA) was amended to give Gunvor the option of walking away if Tellurian failed to meet conditions, including sanctioning…

Tellurian Inc. said Friday that two sales and purchase agreements (SPA) underpinning its proposed Driftwood LNG terminal in Louisiana have been terminated, dealing another major blow to the project, which was already facing delays. In a regulatory filing with the Securities and Exchange Commission (SEC), Tellurian said an affiliate of Shell plc had terminated a…

FERC staff concluded the Commonwealth LNG terminal project in Louisiana could have minimal environmental consequences if built, but it could contribute to “disproportionately high and adverse” impacts on marginal communities already affected by industry. The conclusion from Federal Energy Regulatory Commission staff was published in a final environmental impact statement (EIS) for the project proposed…