Tellurian works with Baker Hughes to secure Driftwood LNG equipment

Sipa USA via AP

U.S. LNG terminal developer Tellurian is working with compatriot energy services firm Baker Hughes to secure long-lead items for its Driftwood LNG project south of Lake Charles, reports LNG Prime.

The Houston-based firm is expecting the development costs for the first phase of its Driftwood LNG export plant to reach $14.5 billion. Meanwhile, the company is still working to secure financing for the project. Read more.