InvestorsHub Logo
Followers 9
Posts 2231
Boards Moderated 1
Alias Born 05/27/2009

Re: None

Tuesday, 03/19/2024 5:49:27 PM

Tuesday, March 19, 2024 5:49:27 PM

Post# of 2629
This Williams rejection is confusing. Does TELL have a permit to export or only a permit to complete Driftwood construction?
HOUSTON, March 19 (Reuters) - Pipeline operator Williams Companies looked at acquiring struggling liquefied natural gas (LNG) developer Tellurian, but considered its export project too risky, the company's strategy chief said on Tuesday.....
......Williams Executive Vice President of Strategy Chad Zamarin said Williams was looking at opportunities to continue investing in LNG projects but Tellurian's 27 million metric tons per annum Driftwood project did not have the commercial strength.
"There is the advantage of it being permitted, it does have a speed to market that is interesting to us, but it does not have the commercial contracts on the demand side," said Zamarin in an interview on the sidelines of CERAweek by S&P Global energy conference."
EITHER WAY, WE VOTE TO EXPORT JOE BIDEN ON NOVEMBER 5th.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TELL News