Driftwood LNG LLC, owned by Tellurian Inc., is developing a liquefied natural gas (LNG) production and export terminal on the west bank of the Calcasieu River, south of Lake Charles, Louisiana. Once complete, the terminal will be able to export up to twenty-seven million, six hundred thousand tonnes of LNG per year to customers worldwide.
Driftwood has a $15.5 billion lump-sum turn key engineering, procurement and construction contract with Bechtel that guarantees cost, performance and schedule. It has received the most significant permits required for construction and operation, has progressed to ~30% engineering complete having invested approximately $150 million, and has completed the purchase and lease of approximately 1,000 acres of real estate ensuring an ideal construction site with ample laydown area for equipment and deep-water access for shipping.
Driftwood LNG will create approximately ~6,500 construction jobs, and ~400 operational jobs.
Driftwood LNG Proposed
Fully-wrapped EPC contract
Draft FERC Environmental Impact Statement
Final FERC Environmental Impact Statement
Final FERC Order
DOE license to export to non-FTA countries
Complete open seasons on pipelines
Executed definitive agreements with Total
Thru Q1 2020
Finalize capital raise process
Partner & equity funding
Launch debt process
Driftwood LNG Location
Driftwood LNG artist illustration