Tellurian asks FERC for more time to finish Driftwood LNG export plant - Greater Baton Rouge Business Report
Tellurian asks FERC for more time to finish Driftwood LNG export plant
U.S. energy company Tellurian Inc. has asked federal energy regulators for more time to build its Driftwood liquefied natural gas export plant near Lake Charles, Reuters reports.
In a filing last week, Tellurian’s Driftwood LNG asked the U.S. Federal Energy Regulatory Commission for an extra 36 months beyond the originally authorized in-service date to complete construction of the LNG plant and an associated natural gas pipeline.
In April 2019, FERC approved the construction of the 27.5 million-tons-per-year Driftwood and gave Tellurian seven years, or until 2026, to complete the project. The extra 36 months would give Tellurian until 2029 to finish the project. Read more.
This story was included in 10/12 Industry Report’s free, weekly e-newsletter covering south Louisiana industry news.
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.