In Driftwood as a derivatives position we gave a primer on why Tellurian Inc (NYMARKET:TELL) has to reset the negative MTM that they have on their LNG contracts. Tellurian Cannot FID Driftwood Tellurian cannot admit that it cannot FID Driftwood. Its chairman finesses the marketplace by now saying that they build Driftwood LNG without announcing the financing and FID (final investment decision)!?… […]
https://www.valuewalk.com/tellurian-incs-mark-to-market-fair-value-losses-on-lng-contracts/
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