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Stock impact report

Tellurian Reports Third Quarter 2019 Results

Tellurian Inc. (TELL) 
Last tellurian inc. earnings: 2/24 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tellurianinc.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (Tellurian) (NASDAQ: TELL) continues to build its integrated global natural gas business. Notable Tellurian achievements during the third quarter of 2019 and thereafter:CommercialAnnounced a Memorandum of Understanding (MOU) with Petronet LNG Limited INDIA (Petronet) for Petronet and its affiliates to purchase of up to five million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Driftwood, concurrent with an equity investment by Petronet in Driftwood. The agreement, exchanged in the presence of Prime Minister Narendra Modi and recognized by the governments of India and the United States, remains subject to further due diligence and approval of Petronet’s board of directors, and Tellurian and Petronet will endeavor to finalize the transaction agreements by March 31, 2020.Continue to advance negotiations for the sale of LNG and interests in Driftwood with several counterparties.Driftwood LNGProgressed the engineering for the Drift Show less Read more
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