Tellurianm dropped the Permian Global Access Pipeline from phase 1 of its plans to transform the global LNG market. PGAP would've provided West Texas natural gas to the company's planned Driftwood terminal in Louisiana. A company presentation indicated Tellurian deferred two pipelines.
PGAP crossed tributaries feeding Twin Buttes Reservoir and Lake Nasworthy. Landowners along Spring Creek, Dove Creek and the South Concho River can breathe a sigh of relief for now.
Tellurian could still develop the pipeline at a later date.
Update 7-4-21: Morgan Stanley said Tellurian will decide on the PGAP pipeline by June 2022.
Update 3-10-23: Tellurian's Chief Financial Officer resigned effective today according to an SEC filing. The company's Chief Accounting Officer will assume the CFO duties. That gentleman is a CPA but that means less and less in today's world of ethical lapses and distorted numbers.
