Dear Brothers and Sisters,
I have dedicated my report to only one subject because I, along with Justin and the rest of my staff, agree it is the most value we can provide the clients. And we need to continue to capitalize on it now while the opportunity is at hand.
Tellurian Inc., through its subsidiaries Driftwood LNG LLC and Driftwood Pipeline LLC, has applied to the Federal Energy Regulatory Commission (FERC) to develop a pipeline to deliver gas to the Driftwood LNG facility near Lake Charles, Louisiana. The proposed 96-mile feed gas pipeline would deliver to the facility an annual average of 4 Bcfd of natural gas. The project, which expects to begin construction in 2018, includes 13 interconnects and requires the construction of three new compressor stations.
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