Challenging Conventional Thinking with Proven Results in the LNG Industry

Watch our Chairman talk to CNBC from Abu Dhabi. Topics including Tellurian progress, US politics, Climate, Post FID plans at #ADIPEC.

Tellurian Inc. (Tellurian) (NASDAQ: TELL) continues to build its integrated global natural gas business. Notable Tellurian achievements during the third quarter of 2019 and thereafter:

Commercial

• Announced a Memorandum of Understanding (MOU) with Petronet LNG Limited INDIA (Petronet) for Petronet and its affiliates to purchase of up to five million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Driftwood, concurrent with an equity investment by Petronet in Driftwood. The agreement, exchanged in the presence of Prime Minister Narendra Modi and recognized by the governments of India and the United States, remains subject to further due diligence and approval of Petronet’s board of directors, and Tellurian and Petronet will endeavor to finalize the transaction agreements by March 31, 2020.
• Continue to advance negotiations for the sale of LNG and interests in Driftwood with several counterparties.

Driftwood LNG

• Progressed the engineering for the Driftwood liquefaction terminal, completing 26% of the total required.

Regulatory

• Began the Federal Energy Regulatory Commission (FERC) pre-filing process for the Permian Global Access Pipeline, a 625-mile, 42-inch interstate natural gas pipeline proposed from the Waha Hub in West Texas to near Lake Charles, Louisiana.

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Martin Houston of Tellurian discusses the potential for natural gas in India and the company’s Driftwood project.

Charif Souki, Chairman at Tellurian, discusses gas production as the U.S. is set to become the world’s largest LNG exporter in the next four years. He speaks with Bloomberg’s Manus Cranny from the sidelines of the Future Investment Initiative in Riyadh. (Source: Bloomberg)

Tellurian President and CEO Meg Gentle sits down with CNBC’s Brian Sullivan to discuss how Tellurian is seeing an impact from oil’s volatile move following an attack on a Saudi oil facility.

Prime Minister Narendra Modi held bilateral talks with US President Donald Trump on the sidelines of the 74th session of the United Nations General Assembly, UNGA in New York on September 24, 2019. PM Modi and President Trump discussed a range of bilateral, regional and global issues.

Meg Gentle, President and Chief Executive Officer at Tellurian, discusses the pact to have Petronet LNG Ltd. buy into the company’s proposed liquefied natural gas terminal in Louisiana for $7.5 billion. She speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)

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Tellurian and Petronet sign MOU for up to 5 million tonnes of LNG through equity investment in Driftwood. Hear about the future in a new #CHATwithTELL.

Tellurian Inc. (Tellurian) (NASDAQ: TELL) and Petronet LNG Limited INDIA (PLL) announced today that the two companies have signed a Memorandum of Understanding (MOU) wherein Petronet and its affiliates intend to negotiate the purchase of up to five million tonnes per annum (5 mtpa) of liquefied natural gas (LNG) from Driftwood, concurrent with its equity investment, which remains subject to further due diligence and approval of its board of directors. Tellurian and Petronet will endeavor to finalize the transaction agreements by 31 March 2020.

President and CEO Meg Gentle said, “Petronet, India’s largest LNG importer, will be able to deliver clean, low-cost, and reliable natural gas to India from Driftwood. Increasing natural gas use will enable India to fuel its impressive economic growth to achieve Prime Minister Modi’s goal of a $5 trillion economy while contributing to a cleaner environment. It is an honor to sign the MOU with Petronet in the presence of H.E. Prime Minister Narendra Modi. At Tellurian, we look forward to a long and prosperous partnership with Petronet in the Driftwood project.”

The Driftwood project includes natural gas production, gathering, processing, and transportation facilities, along with Driftwood LNG, a proposed ~27.6 mtpa liquefaction export facility that will be located near Lake Charles, Louisiana on the U.S. Gulf Coast. In April, the U.S. Federal Energy Regulatory Commission (FERC) issued the order granting authorization for Driftwood LNG and the 96-mile Driftwood Pipeline, which will inter-connect the LNG terminal to the U.S. natural gas market.

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A new presentation is available for Tellurian Inc. (NASDAQ: TELL). The presentation will include forward-looking information.

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