As Bechtel builds, Driftwood LNG loses last remaining foundation customer

(Courtesy Tellurian Inc.) An artist's rendering of the Driftwood LNG facility near Lake Charles.

Tellurian confirmed that its LNG supply deal with trader Gunvor was terminated on Aug. 1 after the companies failed to reach consensus on an amendment to their May 2021 agreement, reports Upstream.

Gunvor was the last company standing for Tellurian’s planned Driftwood LNG project near Lake Charles after supply deals with Shell and Vitol had earlier fallen by the wayside.

Meanwhile, the Driftwood LNG operator said that contractor Bechtel was progressing on construction of the liquefaction facility — having driven more than 9,000 piles (45 percent of those required for phase one) and poured more than 10,000 cubic feet of concrete including for the storage tanks. Bechtel is working under a limited notice to proceed that was issued in March last year. Read the entire story.