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.
Update 2-25-26: Tellurian sold out to Woodside Energy, which is developing the LNG export site in SW Louisiana but is yet to resurrect the PGAP pipeline. The LNG trains are part of the Trump administrations trillions in new U.S. investment, even though the project broke ground in March 2022.
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