Tellurian

U.S. Influence on Global Natural Gas Evident in European, Asian Price Rallies, Says Tellurian’s Souki

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…

September 3, 2020
Tellurian Cuts Driftwood LNG Costs, Defers Haynesville Supply Pipeline

Tellurian Cuts Driftwood LNG Costs, Defers Haynesville Supply Pipeline

Tellurian Inc. said this week it has cut costs for the first phase of the proposed 27.6 million metric ton/year (mmty) Driftwood liquefied natural gas (LNG) export terminal as it works toward sanctioning the massive project in a weak global market.   The Houston-based operator indicated in an investor presentation on Wednesday that it would achieve…

August 13, 2020
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

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Tellurian Energy Inc. has named Charif Souki as executive chairman. Souki co-founded the company in 2016 and had been serving as nonexecutive chairman. The company is looking to better leverage his “marketing expertise and relationships” as its Driftwood LNG export project in Louisiana has struggled…

June 23, 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’s Supply Pact with Petronet Expires in Setback for Driftwood LNG

Tellurian’s Supply Pact with Petronet Expires in Setback for Driftwood LNG

Tellurian Inc. confirmed Friday that a memorandum of understanding (MOU) with India’s Petronet LNG Ltd. has expired in a development that’s likely to delay the sanctioning of its massive natural gas export project on the Gulf Coast.

June 5, 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

U.S. and India to Promote Energy Ties, Say Trump and Modi

President Trump and India’s Prime Minister Shri Narendra Modi vowed Wednesday to strengthen a comprehensive global strategic partnership between their countries, including growing links in trade and investment in hydrocarbons such as liquefied natural gas (LNG).

February 26, 2020
LNG Recap: Cargo Cancellations, Coronavirus Weighing on Global Market — Bonus Coverage

LNG Recap: Cargo Cancellations, Coronavirus Weighing on Global Market — Bonus Coverage

Tellurian Inc. said Monday that its massive Driftwood LNG export project proposed for Louisiana is “shovel ready,” with construction targeted to start this year.

February 24, 2020