Pat Outtrim, SVP of #Government Relations & Regulatory Affairs brings clarity to our Driftwood LNG project expectations in a #CHATwithTELL.
News and presentations
This page includes links to videos that include statements made by officers and directors of Tellurian Inc. (the “Company”) and other persons. The Company assumes no responsibility for statements made by persons other than its officers, directors and other authorized spokespersons. Statements made by the Company’s representatives may include forward-looking statements regarding, among other things, commodity prices, regulatory and operational developments, future economic conditions and other matters. Such forward-looking statements are subject to numerous risks and uncertainties, including the risk of unanticipated changes in market, regulatory or business environments and other risks described in the Company’s filings with the SEC, which are available on this site under “Investors—Financials, Filings and Presentations.” The Company does not undertake to update such forward-looking statements, which are made only as of the date indicated.
January 15, 2019
NEW! CHAT with TELL | #Government & regulatory update
January 7, 2019
New corporate presentation for Tellurian Inc. (NASDAQ: TELL)
A new corporate presentation is available for Tellurian Inc. (NASDAQ: TELL). The presentation will include forward-looking information.
January 1, 2019
NEW! CHAT with TELL | Market update
December 6, 2018
Tellurian and Vitol sign MOU for 15-year LNG sale on JKM
Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that its subsidiary, Tellurian Trading UK Ltd. (Tellurian Trading), has entered into a Memorandum of Understanding (MOU) with Vitol Inc. (Vitol) to supply 1.5 million tonnes per annum of liquefied natural gas (LNG) from Tellurian Trading’s LNG offtake capacity at the proposed Driftwood LNG export terminal. The transaction price is based on the Platts Japan Korea Marker (JKM) and is for a minimum term of 15 years.
Under the MOU, Tellurian and Vitol have agreed to negotiate a LNG Sale and Purchase Agreement (SPA) under which Vitol will purchase LNG free on board (FOB). The SPA will contain certain conditions precedent, including Tellurian’s receipt of regulatory approvals and a final investment decision to construct the Driftwood LNG export terminal.
In addition, Vitol is evaluating a potential equity investment in the Driftwood Holdings partnership.
President and CEO Meg Gentle said, “The LNG business is evolving into a true commodity market, which includes LNG purchases and sales based on actual LNG prices rather than indexing to other energy products. JKM has emerged as the most liquid and transparent pricing mechanism for LNG. Tellurian is proud to work with Vitol, who has long been known for its innovation and creativity in the energy commodity markets, to lead LNG market transformation with a long-term LNG sale at the market index.”
Pablo Galante Escobar, Head of LNG, Vitol added, “We are very pleased to have concluded this agreement with Tellurian, which is at the forefront of LNG in the U.S. Tellurian’s integrated Driftwood project offers a unique value proposition, which we are pleased to participate in as off takers and potential equity investors.”
December 4, 2018
New CHAT with TELL | Off the cuff with Charif Souki
November 19, 2018
New CHAT with TELL | Gas vs product markets
November 14, 2018
New CHAT with TELL | Charif Souki explains the value of upstream
November 7, 2018
Tellurian reports third quarter 2018 results
Tellurian Inc. (Tellurian) (NASDAQ: TELL) continued to build its global natural gas business during the third quarter of 2018. Notable Tellurian achievements:
- Received its draft environmental impact statement (EIS) on September 14, 2018, from the United States Federal Energy Regulatory Commission (FERC) for the Driftwood LNG terminal facility and the associated Driftwood pipeline (the Driftwood Project).
- Secured financing for certain drilling and development activities in the form of a three-year senior secured term loan (the Term Loan).
- Advanced the sale of LNG and Driftwood Holdings’ partnership interests, with approximately 35 customer/partners conducting due diligence.
President and CEO Meg Gentle said, “Completing the draft EIS is a significant milestone in the LNG terminal regulatory process and reflects FERC’s commitment to deliver the final EIS in January. Tellurian has improved the efficiency of the Driftwood financing, reducing partners’ equity obligation to $500/tonne. We expect to announce partners by the end of 2018, begin construction in the first half of 2019, and produce LNG by 2023.”
November 6, 2018
New CHAT with TELL | Eastern vs Western buyers with Martin Houston
November 6, 2018
The liquefied natural gas industry has strong fundamentals: Expert | CNBC
Martin Houston of Texas-based liquefied natural gas firm Tellurian says the LNG sector is experiencing strong growth and global trade tensions won’t have a ‘significant’ impact on demand.