Tellurian engages Société Générale as financial advisor for Driftwood LNG

Published by David Rowlands, Deputy Editor
LNG Industry, Friday, 10 March 2017 15:15

Tellurian Inc. has announced that it has selected SG Americas Securities LLC to provide general financial strategy and planning for the development and financing its LNG export project, Driftwood LNG.

The 26 million tpy project is located near Lake Charles, Louisiana, US. SG Americas LLC is the US-broker-dealer subsidiary of Société Générale Corporate and Investment Banking (SG CIB). SG CIB, the investment banking arm of Société Générale, is a leading provider of global finance, investment banking and global markets services globally.

Meg Gentle, the President and CEO of Tellurian, said: “The advisory team at SG is a leader in LNG financing. With their expertise at hand, we will move forward with the financial structuring of Driftwood LNG. We anticipate construction in 2018 and first LNG from Driftwood LNG in 2022."

Read the article online at: https://www.lngindustry.com/liquefaction/10032017/tellurian-engages-socit-gnrale-as-financial-advisor-for-driftwood-lng/