Earlier today Tellurian Inc. (ticker: TELL) and Bechtel Oil, Gas and Chemicals, Inc. announced in a press release that the two companies have entered into four fixed price, lump sum turnkey agreements for a price totaling $15.2 billion.

The cost will cover the engineering, construction and procurement for Driftwood LNG, a LNG export facility located near Lake Charles, Louisiana. With an EPC cost of the Driftwood LNG at $550 per tonne, the facility will be one of the lowest cost liquefaction construction projects worldwide.
Features of Drift...


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