Tellurian Inc. announced that the U.S. Federal Energy Regulatory Commission (FERC) issued the final Environmental Impact Statement for Driftwood LNG, an approximately 27.6 million tonne per annum (mtpa) liquefied natural gas (LNG) export facility and an associated 96-mile pipeline (Driftwood project), proposed near Lake Charles, Louisiana, on the U.S. Gulf Coast.

President and CEO Meg Gentle said, “Tellurian thanks the FERC for a thorough review and for remaining on schedule. We look forward to receiving the agency’s order granting authorization to site, construct and operate our Driftwood project. Tellurian will then stand ready to make a final investment decision and begin construction in the first half of 2019, with the first LNG expected in 2023.”

Estimated Driftwood project timeline:

- Driftwood final investment decision: 1H 2019
- Begin construction: 1H 2019
- Begin operations: 2023

About Tellurian Inc.

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 low-cost, 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”.