LNG tanker Pavilion Aranda on the US Gulf Coast
Tellurian eyes first LNG late 2027
The integrated developer remains bullish despite previous delays
Houston-headquartered Tellurian is developing the mammoth Driftwood LNG project. President and CEO Octavio Simoes spoke to Petroleum Economist at the Gastech conference in Singapore to provide an update on Driftwood’s progress, the cost of gas production and LNG’s vital role in ensuring current and future energy supplies. Driftwood will comprise five plants, split between four phases: the first phase consists of plants one and two, with plants three, four and five equating to phases two, three and four, respectively. “We are fully committed to a total of 27m t of capacity,” Simoes said, explaining that phase one will be 11mt. “That is what we are focusing on right now, the first 11mt”, he ad
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
