nyseamericantell
Tellurian Inc (NYSEAMERICAN:TELL) is a North American natural gas company founded in 2016 and headquartered in Houston, Texas. Charif Souki and Martin Houston founded the firm. Souki was the founder and CEO of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) and Houston was the former COO of BG Group. TELL has a current market capitalization of $2.8 billion. The company’s maiden project is called ‘Driftwood LNG’ and is a 27.6 million tonne per anum LNG facility near Lake Charles, Louisiana. The project has obtained all required funding to begin construction. Q1 2022 hedge fund letters, conferences and...
ValueWalk
The environmental carbon emission impact of a project like Driftwood is controversial to begin with. Q4 2021 hedge fund letters, conferences and more Carbon dioxide has to be stripped out of the raw gas before the clean gas is chilled and liquefied at minus 161 degrees Celsius. The CO2 is then vented back to the atmosphere. For an extraction and liquefaction project like Driftwood, Tellurian Inc (NYSEAMERICAN:TELL) needs to cover by its own means an amount 54.5 million C02 mt e. on 10 years. When Tellurian donated $25 million to the National Forest Foundation (NFF) what Renee Pirrong and Tellu...
ValueWalk
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