Updated Aug 22, 2024
8/22/24
Tellurian Inc. has agreed to sell the company and its developing 27.6 million metric ton/year (mmty) Driftwood LNG project to an Australian oil and natural gas giant, Woodside Energy Group Ltd.
Environmental groups are continuing to pressure LNG export facility and pipeline developers through federal appeals courts as lawsuits seeking to repeal authorizations stack up.
Charif Souki, Tellurian Inc. co-founder and one of the architects of the U.S. LNG export industry, has been replaced as the executive chairman of his latest firm established to build the Driftwood LNG project.
Tellurian Inc. has one less permit challenge to its Driftwood LNG project after the U.S. Court of Appeals for the Fifth Circuit on Wednesday denied a petition by environmental groups.
A roundup of news and commentary from NGI’s LNG Insight
Tellurian Inc. said Friday that two sales and purchase agreements (SPA) underpinning its proposed Driftwood LNG terminal in Louisiana have been terminated, dealing another major blow to the project, which was already facing delays.
Tellurian Inc. said Monday it would soon start work on its Driftwood liquefied natural gas (LNG) terminal on the Louisiana coast by self-funding basic construction ahead of a final investment decision (FID).
The Sierra Club has filed a petition on behalf of a coalition of Louisiana environmental groups requesting the Environmental Protection Agency (EPA) deny Tellurian Inc.’s Title V operating permit request for the proposed Driftwood liquified natural gas (LNG) terminal.
A deal with French supermajor TotalEnergies SE that would have injected up to $700 million into Tellurian Inc.’s planned Driftwood liquefied natural gas (LNG) export facility in Louisiana has fallen through after the project developer failed to meet a key deadline for sanctioning the project.
Tellurian Inc. is looking for approval from FERC to build a 37-mile, dual 42-inch pipeline system in Louisiana to meet natural gas demand in the Lake Charles area and potentially serve its proposed export terminal.