Tellurian to decide on Louisiana LNG project in early 2019

The co-founder and chairman of Tellurian Inc said on Thursday the U.S. natural gas company expects to make a final investment decision on its proposed Driftwood liquefied natural gas export facility in Louisiana in the first quarter of 2019.

Chairman Charif Souki, who spoke to Reuters at the World Gas Conference in Washington, D.C., said the company expects to start producing liquefied natural gas (LNG) at the $30 billion project in early 2023.

“We expect to receive our federal permits … and make a final investment decision in the first quarter of next year,” Souki said, which should allow Tellurian to start producing LNG in early 2023 and complete the project in 2026…

 

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