"US Regulators Extend Construction Deadline for Tellurian's Driftwood LNG Project Amid FERC Approval for Gas Export Projects"
Tellurian Inc. reported its full year 2023 financial results, highlighting progress on the Driftwood LNG project and securing the FERC Certificate for its pipelines. The company also made amendments to its senior secured notes and senior convertible notes to provide financial flexibility. Despite a net loss for the year, Tellurian's improved liquidity is expected to enhance engagement with potential counterparties and financing sources. CEO Octávio Simões emphasized the project's differentiation and intensified commercial discussions, while also noting favorable feedback on the potential sale of upstream assets.