LNG

Tellurian signs agreement with Bechtel to construct $15.2B LNG facility near Lake Charles

Tellurian Inc. (Tellurian) (NASDAQ: TELL) and Bechtel Oil, Gas and Chemicals, Inc. (Bechtel) have entered into four fixed price, lump sum turnkey agreements totaling $15.2 billion for the engineering, procurement and construction (EPC) of Driftwood LNG, a liquefied natural gas (LNG) export facility proposed near Lake Charles, Louisiana.

 

Driftwood LNG includes:

 

Golden Pass receives authorization for LNG exporting

Qatar Petroleum announced Tuesday, April 25 that Golden Pass Products (GPP) has received authorization from the US Department of Energy to export LNG to Non-Free Trade Agreement countries.

Golden Pass Products, which is developing the LNG export project, is owned by affiliates of Qatar Petroleum and ExxonMobil, who are world leaders in the LNG business with Qatar Petroleum being the largest LNG exporter in the world. 

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