LNG

US President Donald Trump said during a speech in Midland, Texas, that the Department of Energy is issuing a final policy statement that allows for liquefied natural gas exports to Non-Free Trade Agreement countries to be extended through the year 2050.

Tellurian Inc., the developer of Driftwood LNG project on the US Gulf Coast and whose executives were in India pitching for an investment by Indian company Petronet, posted a 20 percent increase in 2019 net losses as the development and marketing process continued.