Tellurian and Petronet Restart Talks

Tellurian Resumes Negotiations with Petronet (Reuters)
Nidhi Verma and Scott DiSavino (July 21): India’s top gas importer Petronet LNG has renewed its initial deal to consider investing $2.5 billion in Tellurian’s Driftwood LNG project, Indian sources familiar with the matter said. Petronet and Tellurian now have time until the end of December to finalize the deal, they said. A MOU that lapsed on May 31 was renewed last week ahead of a virtual meeting between Indian oil minister Dharmendra Pradhan and DOE Secretary Dan Brouillette. Link to Content

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