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
15 July 2025
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
15 July 2025
A brutally honest picture about the potential role of oil and gas in 2050 should prompt policymakers to not only reflect but also change course to meet vital energy needs
14 July 2025
Robust demand and a limited supply of additional physical barrels from key OPEC+ producers has kept the oil market in a healthy price range
11 July 2025
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
