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.
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