Tellurian Inc., the US LNG developer of the Driftwood project near Lake Charles in Louisiana, said it ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction and $474.2 million of cash and cash equivalents available as short-term financing and operating costs.
Tellurian Chief Executive Meg Gentle said the Houston company is lean, resolved and focused on delivering the Driftwood LNG export project near Lake Charles in Louisiana.
The Australian-listed developer of the US Magnolia LNG plant in Louisiana with an export accord to supply cargoes for Vietnam has run out of money and time after a takeover by a private firm from Singapore fell through, along with short-term financing arrangements.
The Australian-listed developer of the US Magnolia export plant in Louisiana with an agreement to supply cargoes to Vietnam said a Singapore-based private company has withdrawn a planned takeover bid.
The Australian-listed developer of the US Magnolia export plant in Louisiana with an agreement to supply cargoes to Vietnam said a takeover bid by a Singapore-based private company has been pushed back to mid-April, while its own temporary financing is not now forthcoming from a US equity and capital fund.