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Jun 03, 2021
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Tellurian (TELL, $5.40) stock rose, on 10-year deal with Vitol

Tellurian (TELL, $5.40) stock rose, on 10-year deal with Vitol

Shares of Tellurian  climbed, following news of natural gas company finalizing a 10-year deal to provide energy trader Vitol with LNG from its proposed liquefaction facility terminal in Louisiana.

The deal, valued at at about $12 billion in revenue over the deal period, is for  3 million tonnes per annum (MTPA) of LNG.

Last week, Tellurian also inked a 10-year agreement with commodity trader Gunvor Group for 3 MTPA of LNG. The LNG would be delivered from the proposed liquefaction facility Driftwood LNG, near Lake Charles, Louisiana in the U.S. Gulf Coast.

Related Ticker: TELL

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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


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General Information

a provider of natural gas projects

Industry OilGasProduction

Industry
Oil And Gas Production
Address
1201 Louisiana Street
Phone
+1 832 962-4000
Employees
168
Web
https://www.tellurianinc.com
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