Price and Cost Risks Drive Race To Secure FID, FEED, and Contractors for Global LNG
Approximately $200 billion in projects worldwide are racing to be approved over the next 2 years. The race is not just to make FIDs on projects, but also to enter FEED work to lock in contractors before others do.
Feds Green-Light Driftwood and Port Arthur LNG Exports
Driftwood is authorized to export up to 3.88 Bcf/D, and Port Arthur gets go-ahead for 1.91 Bcf/D of natural gas as LNG.
Driftwood LNG Terminal Construction Scheduled for 2019
Tellurian remains on track to receive all regulatory approvals and begin work on the export terminal in Louisiana, with an eye on a 2023 startup.
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19 August 2019