Asian prices boost Driftwood LNG commercial efforts: Tellurian CEO

Asian prices boost Driftwood LNG commercial efforts: Tellurian CEO

by | Articles

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

Industry

Learn more about some of the industries we cover and how we help. 

Contact sales to learn more about trials or customised solutions for your department

Sustainable Finance

Aggregated and actionable ESG compliance at your fingertips 

Commodity trading

Automated trade screening and sustainability reporting

Maritime

Sanctions screening & compliance, now with powerful vessel carbon rating

Ask a question
Let's talk about how

we can help