Tellurian’s Souki Blasts Short Sellers After LNG Developer Drops
- Chair Charif Souki posts YouTube video challenging speculators
- Cites debt repayment, liquid position in defense of company
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The chairman and co-founder of Tellurian Inc., which is trying to develop a $17 billion liquefied natural gas project in Louisiana, is blaming short sellers after a precipitous plunge in the company’s stock price.
In a video posted on YouTube, Charif Souki said speculators betting against the company’s stock are poised to lose.