Happy Tuesday!
Did anyone
happen to read Tank Storage News America Weekly Newsletter on October 11,
2024, their article titled, “Woodside completes acquisitions of Tellurian”? In the
article, it speaks on how Woodside Energy Group Ltd. (Woodside) has acquired
Tellurian Inc. and its asset Driftwood LNG which is being built in Louisiana. Woodside purchase of Tellurian is an all-cash
deal for approximately $900 million.
Woodside announced it has renamed the Driftwood LNG project to “Woodside
Louisiana LNG.” The project is being
developed and built in Calcasieu Parrish, Louisiana and it is permitted to make
and ship globally approximately 27.6 million tons per annum once
completed. They are expected to make Final
Investment Decision in early 2025.
Earlier this year FERC gave the project a 3-year extension, please see
our Blog in February for details. We
wish Woodside a speedy completion of its Woodside Louisiana LNG project! If you would like to read more of Tank
Storage News America Weekly Newsletter’s article, please click the link: Woodside completes acquisition of Tellurian - Tank Storage
News America.
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help reduce emissions contact us via email in the Blog and check out our ESC website!
We hope you have a wonderful evening and a great rest of
your week!
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Storage News America article. **