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LNG Developer Tellurian Seeks Equity Partners to Fund Project

  • Would-be gas exporters stock tumbles, timeline in jeopardy
  • Chairman’s YouTube video lays out next steps for LNG project
Updated on

Tellurian Inc. will seek equity partners to help finance a $13 billion liquefied natural gas project after abandoning plans to sell bonds to kickstart the development.

The aborted bond sale puts the planned 2026 startup of Tellurian’s Driftwood LNG complex in Louisiana in jeopardy, Tellurian Co-Founder and Chairman Charif Souki said in a video posted on YouTube a day after cancelling the $1 billion bond deal.