Driftwood LNG still hopeful to find new investor, following Petronet exit

Monday, 08 March 2021

The developer of the Driftwood LNG export plant in Louisiana is still awaiting new investors to take stakes in the delayed venture since Indian company Petronet LNG withdrew as a possible partner last year. The developer, Tellurian Inc., has just posted annual net losses of $210.69 million, up from $151.76 million in the previous year, though said it was still optimistic about the project advancing in 2021.

Subscriber content

This content is available only to subscribers
please log in below or subscribe now / request a free trial