LNG tanker Pavilion Aranda on the US Gulf Coast
Tellurian eyes first LNG late 2027
The integrated developer remains bullish despite previous delays
Houston-headquartered Tellurian is developing the mammoth Driftwood LNG project. President and CEO Octavio Simoes spoke to Petroleum Economist at the Gastech conference in Singapore to provide an update on Driftwood’s progress, the cost of gas production and LNG’s vital role in ensuring current and future energy supplies. Driftwood will comprise five plants, split between four phases: the first phase consists of plants one and two, with plants three, four and five equating to phases two, three and four, respectively. “We are fully committed to a total of 27m t of capacity,” Simoes said, explaining that phase one will be 11mt. “That is what we are focusing on right now, the first 11mt”, he ad
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
