Perry applauds US LNG projects for economic growth on Gulf Coast

Monday, 03 June 2019

Announcing non-FTA export approval for the Driftwood LNG project near Lake Charles, the US Energy Secretary Rick Perry said he “applauds the American private sector for continuing to reach new milestones and look forward to continued growth in this sector.”

“I am pleased to announce the order signed today authorizing Driftwood, owned by Tellurian Inc., to export up to 3.88 billion cubic feet per day (Bcf/d) of natural gas as LNG, to any country that does not have a free trade agreement with the US,” Perry said, adding, “the US is now in its third consecutive year as a net exporter of natural gas, now exporting domestic LNG to 35 countries.”

Tellurian President and CEO Meg Gentle thanked the DOE staff for their diligence in authorizing the order that she viewed as crucial to global LNG trade.

“The US will become a top three LNG exporter and Tellurian intends to do our part in creating US jobs while delivering a cleaner energy supply source to the world,” added Gentle.

Tellurian received a Federal Energy Regulatory Commission (FERC) order in April 2019 granting authorization for the Driftwood LNG project, a proposed liquefaction and export facility to produce 27.6 million tonnes per annum and for its associated 96-mile pipeline.

The Driftwood project schedule includes a final investment decision in 2019, a start to construction activities shortly afterwards and the beginning of commercial operations by 2023.