Driftwood LNG Export Facility to Begin Construction “This Summer”

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Driftwood LNG, a 27.6 million tonnes of LNG per year facility that will cost on the order of $16.8 billion to build, has not made an official final investment decision (FID) to proceed with building the FERC-approved project. However, Charif Souki, chairman of Tellurian (the builder) said yesterday he is targeting this summer to begin construction on the project. What’s changed?

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