Houston-based liquefied natural gas company Tellurian Inc. (Nasdaq: TELL) announced a multibillion-dollar deal with an Indian company over the weekend, coinciding with the Indian prime minister’s visit to Houston.
Tellurian and Petronet LNG Limited India signed a memorandum of understanding to negotiate the purchase of up to 5 million tonnes per annum of LNG from Tellurian’s Driftwood project in Louisiana, according to a Sept. 21 press release. Concurrently, Petronet also is expected to make…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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