With regard to raising capital for the first year of construction of the Driftwood LNG Project, we now have approx. 50 nondisclosure agreements with financial institutions and the number keeps increasing every week. We are at an inflection point in global energy crisis, you are seeing oil prices now get very close to $100 a barrel which is a level of natural gas of somewhere around $15 mmbtu, oil prices continue to increase, as we had predicted starting a year and a half ago, and you are seeing a reset of energy prices on a global basis, that is going to be critical for the rest of the world. We in the U.S. are extremely lucky as we have the resources, the rest of the world is not in that position. Banks need to lend money, and the projects that we are proposing to them will return capital, if they believe global prices, in less than two years.
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Tellurian Inc. is listed on the NYSE American under the symbol
“TELL.”
Find more information at
http://www.tellurianinc.com/
Guest: Charif Souki | Executive Chairman, Tellurian Inc.
Business Description
#Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol “TELL”.
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
This presentation contains forward-looking statements within the meaning of U.S. federal securities laws. The words “anticipate,” “assume,” “believe,” “budget,” “estimate,” “expect,” “forecast,” “initial,” “intend,” “may,” “plan,” “potential,” “project,” “proposed,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate to, among other things, construction activities, liquidity, the financing of the Driftwood project and the timing thereof, commodity prices, geopolitical considerations and market conditions. The forward-looking statements are subject to numerous risks and uncertainties. These risks and uncertainties include the matters discussed in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian for the fiscal year ended December 31, 2020, and other Tellurian filings with the Securities and Exchange Commission, all of which are incorporated by reference herein. The forward-looking statements in this presentation speak as of February 8, 2022, the date it was posted. Although Tellurian may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.