Tellurian - American spirit
Despite a global supply glut, Tellurian is pressing ahead with plans to build more cheap US LNG-export capacity
Charif Souki and Martin Houston's quest to capitalise on the American liquefied natural gas-export boom took another step forward in February with the merger of their private Tellurian Investments vehicle with the small Nasdaq-quoted Magellan Petroleum. It creates a listed company to develop the proposed Driftwood LNG project. The new company, to be known as Tellurian Inc, can now focus on the small matter of raising the billions of dollars needed to make Driftwood a reality. Tellurian was created in February 2016 not long after Souki was ousted as chief executive of Cheniere Energy—a company he founded—which became the first firm to export LNG from the lower 48 states of the US, also last F
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
