A roundup of news and commentary from NGI’s LNG Insight 

  • 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.
  • Two other supply deals underpinning Driftwood with Shell plc and Vitol Inc. were also canceled last year. All three deals were signed to provide LNG for terms of 10 years at prices linked to the Title Transfer Facility and Japan-Korea Marker. Tellurian has no other offtake agreements in place and has said it is searching for equity partners to fund the 27 million metric tons/year (mmty) project in Louisiana.
  • Woodside Energy Group Ltd. has...