Tellurian takes flexible approach
US independent banks on cost control and optionality to fulfil its full value chain ambitions
There is no shortage of US Gulf Coast LNG export facility developers. But Tellurian stands out for a model where it not only wants to build and own a terminal, but to produce its own gas, build pipelines and sell cargoes to the global LNG market. The firm, which was set up by former executives of pioneering US terminal developer Cheniere and UK producer BG, has already secured investment from its EPC contractor Bechtel, oil services heavyweight BHGE and Total. But it is now negotiating with interested parties for an $8bn investment for a 60pc stake in Driftwood Holdings, which will be responsible for the production, pipeline and terminal operations (see figure 1). The new equity partners wil
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
