Tellurian Hopes to Start Driftwood LNG Construction as Demand Picks Up
1/15/2021
Tellurian executive chairman Charif Souki recently spoke on the progress around the company’s Driftwood LNG export project in Louisiana. He stated that “I hope that we will be in construction this summer,” and that “There is a strong need for additional liquefaction capacity and we’re probably the project that is the closest to starting construction.” This new acceleration for the large export project comes as demand has increased over the past month, according to Mr. Souki. Colder climates in Asia and shipping woes at the Panama Canal are possible cause for the recent increase in fuel costs, along with the Asia Pacific region relying more often on LNG for power generation than on coal sou
