Tellurian
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If the sale closes, the company will lease back the parcel under a 40-year term.
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Tellurian awarded a contract that will result in the first application of the service provider's integrated compressor line technology in North America.
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The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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Driftwood gets the green light, as demand rebounds and the stars align at last.
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Tellurian CEO Meg Gentle outlined how the US LNG market should address expected tight market conditions through 2025 while managing a transition to a carbon neutral environment.
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The company deferred three of four pipelines as it continues to push toward final investment decision.
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India’s Petronet LNG Ltd. signed a $7.5-billion agreement to buy into Tellurian Inc.’s proposed LNG terminal in Louisiana in what is described as potentially one of the largest foreign investments in the US to ship shale gas abroad.
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Approximately $200 billion in projects worldwide are racing to be approved over the next 2 years. The race is not just to make FIDs on projects, but also to enter FEED work to lock in contractors before others do.
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Driftwood is authorized to export up to 3.88 Bcf/D, and Port Arthur gets go-ahead for 1.91 Bcf/D of natural gas as LNG.
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