Loss of contracts could alter Driftwood LNG’s ‘delivery schedule’

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

The loss of two of its biggest potential customers last week will likely alter Tellurian’s “delivery schedule” at its Driftwood LNG plant in Carlyss, reports the American Press.

Joi Lecznar, a spokesperson for the Houston-based company, says changes in the market made a $1 billion bond sale too expensive, but that it had nothing to do with its contracts being canceled with Shell and Vitol. That leaves Tellurian with only Gunvor as a signed potential customer for Driftwood production.

Construction of the four-train plant in southwest Louisiana is ongoing. Originally, the schedule for delivery was by 2026. Read the entire story.