Tellurian plans to start building Louisiana LNG export plant in 2019 [Reuters]
Tellurian Inc. (TELL)
Last tellurian inc. earnings: 2/24 07:00 am
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Source: Reuters
Tellurian plans to start building Louisiana LNG export plant in 2019 | Reuters Reuters Staff 3 Min Read (Reuters) - U.S. liquefied natural gas company Tellurian Inc said on Wednesday it remains on track to begin construction of its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023. Tellurian is on schedule to announce its partners in the $27.5 billion project in the third or fourth quarter, Tellurian President and CEO Meg Gentle said in the company’s second-quarter earnings release. Driftwood is one of more than two dozen LNG export projects under development in the United States and seeking customers so they can start construction and enter service in the next decade. U.S. LNG exports have almost quadrupled from 183.9 billion cubic feet (bcf) of natural gas in 2016 to 706.4 bcf in 2017, worth about $3.3 billion, and are on track to rise to over 1,000 bcf in 2018, making the country one of the world’s biggest exporters of the super-coole
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