Tellurian Receives FERC Extension for Driftwood LNG
Tellurian Inc. (TELL)
Last tellurian inc. earnings: 2/24 07:00 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that the U.S. Federal Energy Regulatory Commission (FERC) has issued an extension to its order authorizing the construction of Tellurian’s Driftwood LNG facility near Lake Charles, Louisiana. As extended, the order requires construction to be completed by April 18, 2029. Tellurian applied for the extension last year to ensure it had enough time to complete the construction of all five plants of the facility. When completed, the facility will have a capacity of ~27.6 million tonnes per annum (mtpa).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240214672559/en/Driftwood LNG January 2024 (Photo: Business Wire)Chief Executive Officer Octávio Simões said, “Tellurian thanks FERC for working with our team to ensure the safe construction of Driftwood LNG. FERC has been diligent in its oversight, having visited the site 19 times already,
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