January 2018, Vol. 245, No. 1



Tellurian Awards $15.2 Billion in Driftwood LNG Contracts Tellurian Inc. awarded Bechtel four engineering, procurement and construction agreements valued at $15.2 billion for its Driftwood LNG facility to be located near Lake Charles, LA. When completed, Driftwood will be able to produce 27.6 million tons of LNG a year. The facility is expected to begin production of LNG in 2022, with full production from all four phases of construction planned for 2025. Tellurian completed a merger with Magellan Petroleum Corp. in February, a move that brought it into public markets. “Today, production on Bechtel-built facilities accounts for 30% of global LNG capacity,” Tellurian CEO Meg Gentle said. “We

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