MARKETS

Total commits equity for Driftwood LNG

TOTAL and US LNG project developer Tellurian have inked a series of agreements for offtake and equity investments in the development of the Driftwood LNG project in Louisiana.

 President & CEO, Meg O'Connor Gentle, of Tellurian Inc. and Chairman & CEO, Patrick Pouyanné, of Total sign HOA for equity investment and 2.5 mtpa LNG, and additional investment in Tellurian.

President & CEO, Meg O'Connor Gentle, of Tellurian Inc. and Chairman & CEO, Patrick Pouyanné, of Total sign HOA for equity investment and 2.5 mtpa LNG, and additional investment in Tellurian.

  Driftwood is expected to cost around US$30 billion to develop and will be located on the west bank of the Calcasieu River, south of Lake Charles, and have an export capacity of up to 27.6 million...

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