Tellurian Inc TELL:NYSE American

Last Price$4.40AMEX Closing Price as of 6:30PM ET 8/19/22
AMEX 15-minute delayed Bid/Ask Quotes
Today's Change-0.28(5.98%)
Bid (Size)$4.38 (1)
Ask (Size)$4.42 (20)
Day Low / High$4.36 - 4.70
Volume14.0 M

Tellurian Awards Baker Hughes Contract for Natural Gas Transmission Project

9:15AM ET 6/29/2022 MT Newswires
Tellurian (TELL) said Wednesday that it has awarded Baker Hughes (BKR) to provide electric-powered equipment for Tellurian subsidiary Driftwood Pipeline's Lines 200 and 300, a natural gas transmission project proposed to be located in Louisiana.

Tellurian said that the contract provides an initial investment of $240 million to the project, which it expects to supply as much as five and one-half billion cubic feet of natural gas daily.

Baker Hughes will provide four 19 megawatt compressors and other turbomachinery equipment, along with a LM6000PF+ gas turbine for the initial phase of the pipeline project, according to Tellurian.

Price: 3.3, Change: +0.03, Percent Change: +0.92