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
7 November 2024
The move could have major ramifications for the LNG sector
6 November 2024
The crumbling of the country’s postwar political consensus may bolster the country’s LNG demand outlook by stymieing planned nuclear restarts
5 November 2024
Mongolia hopes to launch its first refinery within two years as it seeks to free itself from Russian dependence, while a similar plant in Tajikistan remains inactive six years after its completion
4 November 2024
The country’s offshore basin remains highly competitive and attractive to IOCs, despite the presence of some geological challenges