The loss of two of its biggest potential customers last week will likely alter Tellurian’s “delivery schedule” at its Driftwood LNG plant in Carlyss, reports the American Press.
Joi Lecznar, a spokesperson for the Houston-based company, says changes in the market made a $1 billion bond sale too expensive, but that it had nothing to do with its contracts being canceled with Shell and Vitol. That leaves Tellurian with only Gunvor as a signed potential customer for Driftwood production.
Construction of the four-train plant in southwest Louisiana is ongoing. Originally, the schedule for delivery was by 2026. Read the entire story.