Tellurian Inc. announced today that Cheniere Energy has permanently dismissed all claims against Tellurian, Chairman Charif Souki and Vice Chairman Martin Houston . Tellurian Chairman Charif Souki said, “Although this frivolous lawsuit was clearly an attempt to disrupt the hard work and success we are having at Tellurian, it never distracted us from our focus on building Tellurian’s global natural gas [...]
Tellurian Inc. continues to build its integrated global natural gas business. Notable Tellurian achievements during the third quarter of 2019 and thereafter: Commercial Announced a Memorandum of Understanding with Petronet LNG Limited INDIA for Petronet and its affiliates to purchase of up to five million tonnes per annum of liquefied natural gas from Driftwood, concurrent with an equity investment by Petronet in [...]
Tellurian Inc. and Petronet LNG Limited INDIA announced today that the two companies have signed a Memorandum of Understanding wherein Petronet and its affiliates intend to negotiate the purchase of up to five million tonnes per annum of liquefied natural gas from Driftwood, concurrent with its equity investment, which remains subject to further due diligence and approval of its board of directors. Tellurian and Petronet [...]
Tellurian Inc. continues to build its integrated global natural gas business. Notable Tellurian achievements during the second quarter of 2019 and thereafter: Commercial Entered into definitive agreements with subsidiaries of Total S.A. for a $500 million equity investment in Driftwood Holdings LP, and related purchase of liquefied natural gas . These agreements are filed with Tellurian’s second quarter 10-Q filing [...]
Tellurian Inc. announced today that it has entered into definitive agreements with Total Delaware, Inc. and Total Gas & Power North America, Inc. , subsidiaries of Total S.A., for Total Gas & Power to purchase one million tonnes per annum of liquefied natural gas from the Driftwood LNG terminal and for Total to invest $500 million in Driftwood Holdings LP. In addition, Tellurian and Total Gas & Power entered into a [...]
Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® 30 MLP Index as part of normal index operations. After the markets close on June 21, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 24, 2019: Constituents added: NuStar Energy Corp. L.P. Tellurian Inc. Constituents removed: Amerigas Partners, L.P. Suburban Propane Partners, L.P. ABOUT THE CUSHING® 30 MLP INDEX The Cushing® 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships and non-MLP energy midstream corporations . Constituents of the Index are selected by us... [...]
Tellurian Inc. continued to build its integrated global natural gas business during the first quarter of 2019. Notable Tellurian achievements: Commercial Signed a Heads of Agreement with a subsidiary of Total S.A. for a $500 million equity investment in the integrated Driftwood project, for the right to purchase 1 million tonnes per annum of liquefied natural gas and for a 15-year sales and purchase agreement with a right [...]
In the second paragraph of release, Rick Perry's title should be U.S. Secretary of Energy . The corrected release reads: TELLURIAN’S Tellurian announced today that the United States Department of Energy Office of Fossil Energy has issued the long-term authorization for Driftwood LNG to export domestically produced liquefied natural gas from its proposed export facility to non-free trade agreement countries. U.S [...]
Tellurian announced today that the United States Department of Energy Office of Fossil Energy has issued the long-term authorization for Driftwood LNG to export domestically produced liquefied natural gas from its proposed export facility to non-free trade agreement countries. U.S. Secretary of State Rick Perry said, “I am pleased to announce the order signed today authorizing Driftwood, owned by Tellurian Inc., to [...]
Tellurian announced today separate binding open seasons on two proposed pipelines that will connect areas of constrained shale production and debottleneck natural gas pipeline infrastructure, further enabling the rapidly growing industrial market in Southwest Louisiana. Tellurian’s subsidiary Haynesville Global Access Pipeline LLC is seeking to secure prospective shippers for a previously announced natural gas [...]
Tellurian Inc. announced today that the U.S. Federal Energy Regulatory Commission has issued the order granting authorization for Driftwood LNG, a proposed ~27.6 million tonnes per annum liquefaction export facility near Lake Charles, Louisiana, and the associated Driftwood pipeline, a 96-mile proposed pipeline connecting to the facility . This press release features multimedia. View the full release here [...]
Tellurian announced today that its subsidiary Permian Global Access Pipeline LLC is conducting a binding open season to secure prospective shippers for its proposed PGAP project . PGAP is a proposed 42-inch diameter interstate natural gas pipeline originating at the Waha Hub in Pecos County, Texas, and terminating at Gillis, Louisiana, north of Lake Charles, Louisiana. The pipeline connects the prolific Permian Basin in [...]