Tellurian stands out among US LNG suppliers for having a new project under construction
US LNG exporters’ FID problem
Tellurian chief warns that not all recent SPAs may be fulfilled due to challenges in getting projects financed
Existing and potential US LNG suppliers have signed as much as 50mn t/yr of SPAs with European, Asian and global portfolio players over the past seven months. But just one project, Venture Global’s Plaquemines LNG, has reached FID in the same period. US firm Tellurian might be seen as one of those developers that has contracts in place—albeit signed across ten weeks of May-July 2021 last year rather than in the flurry of activity since Russia invaded Ukraine in February—but has not announced FID. The firm stands out, though, for having a project under construction, having greenlit US services heavyweight Bechtel to start work in late March. And, as CEO Octavio Simoes told Petroleum Economist
Also in this section
2 June 2025
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
2 June 2025
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
