Tellurian

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…

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…

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…

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.

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.

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.

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.

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).

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