Tellurian Driftwood LNG Project Progresses Despite Withdrawal of Public Offering
Tellurian Driftwood LNG Project Progresses Despite Withdrawal of Public Offering
SUGAR LAND--May 22, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Tellurian Incorporated (NASDAQ:TELL) (Houston, Texas), which will produce and export liquefied natural gas (LNG) from its planned Driftwood terminal in Louisiana, announced last week that it was withdrawing a proposed public offering of 10 million shares of stock because of adverse market conditions. The withdrawal is not seen as having an impact on the project's long-term viability.
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