Driftwood LNG has lost its last long-term export contract, casting a dark cloud over the future of the $25 billion liquefied natural gas project even as construction at the site
Driftwood LNG has lost its last long-term export contract, casting a dark cloud over the future of the $25 billion liquefied natural gas project even as construction at the site
Tellurian Inc. continues to execute its integrated strategy by progressing construction of its Driftwood project and through production and sales of natural gas.
This press release features.
Tellurian Inc. will halt drilling in the Haynesville owing to lower gas prices and has dialed back its production forecast by an average 18% compared to an earlier forecast just three months ago.
Tellurian Inc. continued making progress on Driftwood LNG phase one construction, added to natural gas acreage, production and sales, and repaid $166.7 million in principal balance of borrowing. | May 3, 2023