Tellurian Inc TELL shares are trading higher after its co-founder and executive chairman Souki said the company is targeting to begin construction of its $16.8 billion Driftwood LNG export project in Louisiana by the summer of 2021.
Tellurian is a US-based independent oil and gas exploration and production company. It focuses on building a natural gas business that includes 26 mtpa productions from Driftwood LNG, trading of LNG cargoes, and development of new markets globally.
Tellurian shares were trading up 32.31% at $2.25. The stock has a 52-week high of $8.69 and a 52-week low of 67 cents.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
