“Currently, this approach is more attractive than issuing equity to fund our 2024 development activities and working capital needs,” Simões added.
Tellurian has instructed Bechtel Energy to begin construction at the Driftwood LNG plant, in Louisiana.
Venture Global’s Calcasieu Pass LNG is loading its first cargo, while Cheniere Energy has announced Train 6 at its Sabine Pass project is complete.
Tellurian has opted to scrap its planned note sale after Nasdaq refused to list the bonds.
TotalEnergies and Tellurian have parted ways over an ambitious LNG supply and shares agreement.
Tellurian has signed a sale and purchase agreement with Vitol for the supply of 3 million tonnes per year.