Tellurian Exhibits At Nape Expo

There are big things going on at Tellurian. I visited with the company during the NAPE Summit on Thursday and I found out some things that I simply did not know. Tellurian is well known for shipping LNG, but they are also acquiring gas producing land assets and are building an LNG exporting facility in Lake Charles, Louisiana. A representative from Tellurian stated that the goal of the company is to become vertically integrated.

Here is the official description as provided by Tellurian:

Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production and has nearly 100 drillable locations with an estimated one trillion cubic feet of net resource. It is also developing an LNG trading operation and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”.

Driftwood LNG LLC, owned by Tellurian Inc., is developing a liquefied natural gas (LNG) production and export terminal on the west bank of the Calcasieu River, south of Lake Charles, Louisiana. Once complete, the terminal will be able to export up to twenty-seven million, six hundred thousand tonnes of LNG per year to customers worldwide.

Tellurian is a company with vision. The representative continued to explain that the future of LNG will be a system of ships deployed to oceans around the world who will sit ready for deployment at a moments notice to anyone that needs high quality natural gas. Although this business model is not fully there yet, it is definitely the future of the business.

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