Tellurian Receives FERC Extension for Driftwood LNG, Louisiana
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Tellurian has secured a three-year deadline extension from the U.S. Federal Energy Regulatory Commission (FERC) for the completion of construction of the Driftwood LNG facility on the U.S. Gulf Coast.
The extension allows the American natural gas company to complete the construction of the liquefied natural gas (LNG) project by April 18, 2029. Originally, the deadline to the company to wrap up the construction was 2026.
Constructed on a 1,200-acre site on the west bank of the Calcasieu River, south of Lake Charles in Louisiana, the Driftwood LNG facility will have a capacity of approximately 27.6 million tonnes per annum (mtpa).
The LNG project is designed to have five plants and 20 trains along with three storage tanks and as many berths.
Tellurian requested for the extension in 2023 to ensure that the company had sufficient time to execute the construction of all five plants of the American LNG facility.
“Tellurian thanks FERC for working with our team to ensure the safe construction of Driftwood LNG. FERC has been diligent in its oversight, having visited the site 19 times already, and provided careful examination of this extension request,” said Tellurian CEO Octávio Simões.
“We have invested over a billion dollars into Driftwood LNG’s development, we have our approval to export and all applicable construction permits, and we are eager to provide the world with liquefied natural gas exports,” added Simões.
In September last year, Tellurian signed an agreement with Baker Hughes for the supply of eight main refrigerant compression packages for phase 1 of the Driftwood LNG project.
The agreement secured a delivery schedule for the eight LM6000PF+ gas turbines, main refrigerant compressors, and control units needed for phase 1. Once complete, phase one of the Driftwood project will have two LNG plants and 11mtpa of export capacity.
Tellurian aims to achieve initial LNG production at the facility in 2027.
Source: NS Energy
Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. 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.
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