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.

Total commits equity for Driftwood LNG Total commits equity for Driftwood LNG Total commits equity for Driftwood LNG Total commits equity for Driftwood LNG Total commits equity for Driftwood LNG

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.