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  • Tellurian receives FERC scheduling notice for Driftwood LNG
    édité le 28/12/2017 - Plus de news de "Tellurian" - Voir la fiche entreprise de "Tellurian"


Tellurian receives FERC scheduling notice for Driftwood LNG
Tellurian Inc. announced that the Federal Energy Regulatory Commission (FERC) has issued the notice of schedule for environmental review of Driftwood LNG, a proposed 27.6 million tonnes per annum (mtpa) liquefied natural gas (LNG) export facility, and Driftwood Pipeline, a proposed 96-mile, 4 billion cubic feet a day (Bcf/d) pipeline.

According to the notice, FERC will issue its final Environmental Impact Statement (EIS) on October 12, 2018, and has established a 90-day Federal Authorization Decision Deadline on January 10, 2019. Assuming a favorable decision, Tellurian expects that this schedule will allow it to begin construction of Driftwood LNG in early 2019, pending a final investment decision by Tellurian.

Estimated Driftwood Project timeline:

- Driftwood commercial agreements: 1H 2018
- Draft Environmental Impact Statement: 1H 2018
- Final Environmental Impact Statement: 12 October 2018
- FERC order and Federal Authorization Deadline: 10 January 2019
- Driftwood final investment decision: 1H 2019
- Begin construction: 1H 2019
- Begin operations: 2023

About Tellurian Inc.

Tellurian (Tellurian)(NASDAQ: TELL) was founded by Charif Souki and Martin Houston and is led by President and CEO Meg Gentle. Tellurian intends to create value for shareholders by building a lowcost, global natural gas business, profitably delivering natural gas to customers worldwide.
Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline.
Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol "TELL".


Origine : Communiqué Tellurian

Voir la fiche entreprise de "Tellurian"





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