Tellurian announced today that its wholly owned subsidiaries, Driftwood LNG and Driftwood Pipeline LLC have completed the pre-filing phase and collectively submitted a formal application with the U.S. Federal Energy Regulatory Commission. The application calls for plans to build and operate an approximately 26 million tonnes per annum LNG export facility near Lake Charles, Louisiana and a 96-mile pipeline connecting the facility to interstate pipelines (the Driftwood LNG project). Tellurian expects to begin construction of the Driftwood LNG project in 2018 and produce first LNG in 2022, with full operations beginning in 2025.
Tellurian President and CEO Meg Gentle said, "Throughout the pre-filing phase, the representatives at FERC, the Department of Energy and the US Coast Guard have been well-organized, thorough, and proficient in ensuring that Driftwood LNG is designed and permitted with a priority on safety, reliability, and efficiency. We look forward to continuing to work with FERC and other agencies on a timely approval process and beginning construction in 2018."
Tellurian Investments was founded as a private company on February 23, 2016 by Charif Souki and Martin Houston. On February 10, 2017, it merged with Magellan Petroleum and became a public company known as Tellurian Inc.