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 export terminal that would be located south of Lake Charles, LA, is working to secure financing. Company officials continue to maintain that they’re in talks with investors for equity stakes to help fund the project. 
  • “The board recognizes that the issuance of additional shares of Tellurian common stock may adversely affect the interests of the holders of Tellurian common stock,” the company said an 8-K filed with the U.S. Securities and Exchange...