Houston — Improving prices in Asian end-user markets have spurred renewed commercial talks toward advancing Tellurian’s proposed Driftwood LNG export project in Louisiana, CEO Meg Gentle told S&P Global Platts in an interview Aug.

Podcast: Tellurian CEO Meg Gentile on the global LNG market, prices and US development

“It’s really over the last couple of weeks those price signals have come back into alignment where LNG from Driftwood gets delivered profitably into not only Asia but even, in fact, into the European market,” Gentle said. The sharply scaled back midstream ambitions, combined with a focus on lower cost feedgas supplies, will allow Tellurian to reduce total initial project capital costs by 30%.

Asian prices boost Driftwood LNG commercial efforts: Tellurian CEO

Improving prices in Asian end user markets have spurred renewed commercial talks toward advancing Tellurian s proposed Driftwood LNG export project in Louisiana, CEO Meg Gentle told S&P Global Platts

Read more from the source: spglobal.com