Driftwood liquefied natural gas terminal project, US
Name of the Project
Driftwood liquefied natural gas (LNG) terminal project.
Location
The project will be located on the west bank of the Calcasieu river, south of Lake Charles, in the US state of Louisiana.
Client
Tellurian Investments. Total is acquiring about 23% of Tellurian at $5.85 a share for $207-million dollars to develop an integrated gas project – from the acquisition of competitive gas production in the US to the delivery of LNG to international markets from the Driftwood LNG terminal.
Project Description
The project entails the development of an LNG production and export terminal. Once complete, the terminal will export up to 26-million tonnes of LNG a year to customers worldwide.
Jobs to be Created
Not stated.
Value
Not stated.
Duration
Construction is expected to begin in 2018, pending regulatory approval, with all LNG plants operational by 2025.
Latest Developments
Driftwood LNG is in the engineering design and prefiling phase of the project. The Federal Energy Regulatory Commission approved Driftwood LNG’s prefiling request on June 6, 2016.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Tellurian Investments senior VP of public affairs and communication Joi Lecznar, tel +1 832 962 4044 or
email joi.lecznar@tellurianinvestments.com.
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