Saturday, January 11, 2025

Another Day, Another U.S. FERC LNG Authorization

Neck and neck: On the heels of Tellurian, Sempra gets FERC greenlight for Port Arthur LNG export project By Bevo Beaven, Editor, Oil & Gas 360 The LNG race is on. Last week FERC gave a thumbs up to Tellurian’s (stock ticker: TELL, $TELL) Driftwood LNG export project, authorizing the developers to move forward with construction of the Louisiana location

Tellurian’s Driftwood LNG Gets Final Environmental Nod

From Reuters Tellurian Inc’s proposed Driftwood liquefied natural gas (LNG) project in Louisiana took a major step forward on Friday as the U.S. federal energy regulator issued a final environmental report clearing the way for the company to seek a permit to build the export terminal. The company said it now needs an order from the Federal Energy Regulatory Commission

Tellurian’s Driftwood LNG, Vitol Sign MOU for 15-year LNG Supply Deal

Yesterday, natural gas-based Tellurian Inc.’s (stock ticker: TELL) subsidiary company Tellurian Trading UK Ltd. entered into an MOU to supply 1.5 mtpa of liquefied natural gas (LNG) from the proposed Driftwood LNG export terminal. The transaction price is based on the Platts Japan Korea Marker (JKM) and is for a minimum term of 15 years. Under the MOU, Tellurian and

Tellurian on Track to Start Building Louisiana LNG Export Plant In 2019

From Reuters U.S. liquefied natural gas company Tellurian Inc said on Wednesday it is on track to make a final investment decision and start building its Driftwood export terminal in Louisiana in the first half of 2019 and begin operations in 2023. Tellurian is on schedule to announce its partners in the $27.5 billion project by the end of 2018,

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Not Buying Toshiba’s Freeport LNG Volumes, to Focus on Driftwood

From Reuters U.S. liquefied natural gas (LNG) company Tellurian Inc (TELL.O) will not be buying Toshiba Corp’s (6502.T) 20-year commitment at Freeport LNG export terminal in Texas, a senior company executive told Reuters on Wednesday. “We are not in the process, and we are not going to buy Toshiba volumes,” Martin Houston, co-founder and vice-chairman of Tellurian, said on the

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Slashes Partner Buy-in Investment for Driftwood LNG Project

Lowers investment to $500/ton, down from $1,500/ton Project debt will rise under adjusted proposal From S&P Global Platts Houston — Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive. The revised offering, disclosed in an investor presentation filed with the

Tellurian’s Driftwood LNG Receives Draft Environmental Impact Statement

Tellurian Inc. (ticker: TELL) received its draft environmental impact statement (EIS) from the United States Federal Energy Regulatory Commission for the Driftwood LNG terminal facility and the associated Driftwood pipeline. The draft EIS has been prepared in compliance with the requirements of the National Environmental Policy Act, the Council on Environmental Quality regulations for implementing NEPA, and FERC regulations. The

China Leaves U.S. LNG Off Import Tariff Retaliation Hit List—For Now

From Financial Times Chinese LNG demand is soaring — so much so that Beijing spared the product from tariff rises When China last week set out a list of US exports threatened with retaliatory tariffs, almost all fossil fuels were covered, including oil, coal and liquefied petroleum gases such as propane. There was, however, one conspicuous exemption: liquefied natural gas.