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Tellurian explores sale of upstream business to finance Driftwood LNG

Tellurian is exploring the sale of its Haynesville upstream business in East Texas and Louisiana, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project. ....

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Tellurian explores sale of upstream business to finance Driftwood LNG

Tellurian TELL.A is exploring the sale of its Haynesville upstream business, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project. ....

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Tellurian breaks ground on Driftwood LNG

The company says Bechtel will soon begin clearing the development site of the 27.6mn mt/yr project. [image credit: Tellurian Energy] ....

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US LNG player Tellurian pays down debt

US LNG player Tellurian pays down debt
Mar 16, 2021 2:39:pm
Summary
Tellurian, one of the first out of the US gate with LNG, continues its efforts to pay off loans.
by: Daniel Graeber
Posted in:
US LNG player Tellurian pays down debt
US LNG developer Tellurian said March 15 it had cut its debt load significantly after paying down a 2019 load using about $38mn of cash on hand, leaving it with outstanding debt of about $21mn.
“We are planning to pay off the remaining $21mn in debt obligations from upstream generated cash flows and cash on hand in the coming months,” CEO Octavio Simoes said. ....

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