March 10, 2023
Tellurian Inc.’s Driftwood LNG LLC project in Lake Charles, Louisiana, has one fundamental problem that is holding back its development, Poten & Partners Inc.’s senior advisor Gordon Shearer said.
In a word: clientele.
“It doesn’t have enough customers to underwrite the investment, and in the absence of customers, you don’t have a project. And that’s true for a lot of U.S. projects—they don’t have enough customers,” Shearer told attendees during the company’s panel, LNG: After the Pandemic at The Houstonian Hotel.
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