A&D Conference Update: ‘The Low-Cost Guy Is Going To Win’

Tellurian Inc.’s approach to the global natural gas business is straightforward:

“We believe natural gas is a commodity-based business and our integrated model provides low cost,” John Howie, the LNG company’s senior vice president for upstream told attendees of Hart Energy’s A&D Strategies and Opportunities Conference & Workshop on Sept. 6. “In a commodity-based business the low-cost guy is going to win.”

“We want to acquire and move [shale] gas to the front gate of [Driftwood LNG near Lake Charles, La.] for $2.25,” he said. While the proximity of the Haynesville Shale makes that play an ideal source, Howie said that Tellurian is open to other sources, such as Eagle Ford.