Tellurian (TELL) receives notice of termination from Shell NA LNG LLC with respect to the LNG Sale and Purchase Agreements
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Tellurian (NYSE: TELL)
On September 23, 2022, Tellurian Inc. (“Tellurian” or the “Company”) received a notice of termination from Shell NA LNG LLC (“Shell”) with respect to the LNG Sale and Purchase Agreements 1 and 2 between Driftwood LNG LLC and Shell, each dated as of July 29, 2021, as amended (the “Agreements”). The terms of the Agreements are summarized in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on July 29, 2021.
Also on September 23, 2022, the Company delivered a notice of termination to Vitol, Inc. (“Vitol”) regarding the LNG Sale and Purchase Agreement, dated as of June 2, 2021, by and between Driftwood LNG LLC and Vitol. The terms of that agreement are summarized in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 3, 2021.
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