Tellurian is a natural gas company. It was founded in the year 2016 by Charif Souki.
Charif Souki was the former founder and CEO of Chinere Energy. This give him the idea start his own natural gas company.
Driftwood LNG Project is the flagship project of Tellurian. The project aims to produce 27.6 million tons of LNG per year.
The company have used more than $1 billion into the site. So, if the project gets completed then the plant will be the largest LNG export terminal in the USA.
1. US-China Tension 2. Delays in Driftwood 3. Fuel Prices Decrease 4. Impact of COVID-19
Tellurian is struggling because of the financing. The company doesn't have the ability ro raise equity in order to build the plant.
Revenue: $43.25M Assets: $1.27B Total Debt: $494.06M Liabilities: $658.22M
Tellurian has been struggling for finance. However, nothing can be said as there is no official statement from the company about shut down.