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PRESS RELEASE | Tellurian COO Keith Teague retires and Samik Mukherjee joins as Driftwood Assets President
Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that Chief Operating Officer (COO) Keith Teague is retiring from full time employment and will continue with Tellurian in an advisory role. Tellurian has hired former McDermott International, Ltd Executive Vice President and COO Samik Mukherjee who will serve in the role of Executive Vice President and President, Driftwood Assets.
▶ Two minutes with Charif Souki on earnings, GIIGNL and upstream
Executive Chairman Charif Souki discusses the significance of three news topics today: 1️⃣ Tellurian earnings, 2️⃣ International Group of Liquefied Natural Gas Importers (GIIGNL), and 3️⃣ six upstream companies have made LNG part of their quarterly reporting.
Tellurian Reports First Quarter 2022 Results
Tellurian Inc. (Tellurian) (NYSE American: TELL) ended the first quarter with nearly $300 million in cash on hand and total assets of more than $700 million. During the quarter, Tellurian generated $26 million in revenues from natural gas sales on an increase of production of approximately 24% as compared to the previous quarter. In addition, Tellurian completed its owners’ site preparation and issued a limited notice to proceed to Bechtel to begin construction of the Driftwood LNG terminal…
▶ Two minutes with Charif Souki on domestic prices of natural gas
▶ Two minutes with Charif Souki on EXIM Bank of the U.S. unanimously agreeing to fund export projects
Find out why the EXIM Bank is on our side as Tellurian Inc. develops the Driftwood LNG Project on the U.S. Gulf Coast. Some of you may have seen that last week the export, import bank of the United States unanimously agreed to start funding projects in the United States that have an accent on exports and particularly LNG liquefaction facilities.
▶ Two minutes with Charif Souki on energy use and prices in the U.S. vs energy needs around the world
What do very high energy prices mean around the world? There are serious issues on long-term supply outside the U.S. – learn how Tellurian can help these global energy needs.
▶ Two minutes with Charif Souki on the critical need for natural gas and a note on our stock price
The stock price is very strong. Executive Chairman, Charif Souki takes you through the fundamentals of natural gas as an energy source and puts it in context of our stock price, financing our Driftwood project, and the infinite demand for this natural resource.
▶ Two minutes with Charif Souki on starting construction for the Driftwood LNG project
Yesterday, Tellurian issued a limited notice to proceed to Bechtel Energy Inc. (Bechtel) under its executed Engineering, Procurement and Construction (EPC) contract to begin construction of phase one of the Driftwood LNG terminal, a liquefied natural gas (LNG) export facility near Lake Charles, Louisiana.
PRESS RELEASE | Tellurian’s Driftwood LNG Begins Construction
Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that it has issued a limited notice to proceed to Bechtel Energy Inc. (Bechtel) under its executed Engineering, Procurement and Construction (EPC) contract to begin construction of phase one of the Driftwood LNG terminal, a liquefied natural gas (LNG) export facility near Lake Charles, Louisiana.