The natural gas market’s delicate balance is crumbling 🚨
➡️ War, the energy transition and surging demand will create a period of upheaval that tightens supply like never before
➡️ LNG market could be short nearly 100 million tons/year (!!) by 2025
https://t.co/Rzpf2EzQKg
Tellurian Executive Chairman Charif Souki says investors "are lining up at the door to ask me: 'Can we finance your project?'"
Construction starts next month.
@TellurianLNG $Tell
🇺🇸 https://t.co/8PMTKRvtXQ
$TELL is going for the financing of the ENTIRE 27.6 mtpa LNG export facility. Not just phase 1. This is HUGE. And the financing will probably be complete “within the next 90 days.” LFG
@StalemateIB I remain extremely bullish in either circumstance. Financing for entire project would just be an extraordinary circumstance! Nevertheless, it’s only a matter of time in my eyes until this success story is written. US LNG will be critical for global energy for decades to come.
@StalemateIB Right. my immediate interpretation of Souki’s reference to the financing of the “entire facility” was the entire 27.6 mtpa multi-phase facility -aka Driftwood. It could be that he meant the full facility for phase 1, but sure seemed to be an all encompassing statement to me…