Tellurian Driftwood LNG Project in Trouble? Cancels $1B Bond

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Tellurian Inc., the company behind the plan to build a $13 billion LNG export facility in Lake Charles, Louisiana, withdrew a $1 billion high-yield bond sale earlier this week, leaving the future of its U.S. natural gas export project in limbo. Tellurian's stock price fell more than 24% on the news. A day after the announcement, Tellurian Executive Chairman Charif Souki made a Youtube video to talk about where things go from here with respect to the company's Driftwood LNG export project.

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