Tellurian Inc.

[4][5] In 2017, Tellurian bought $85 million in shale assets in Louisiana and, in doing so, became the first United States developer to produce its own fuel for its export terminal.

[8] However, Tellurian ran into trouble toward the end of the decade due to delays in Driftwood's construction, dropping fuel prices, ongoing tensions between the United States and China, and the COVID-19 pandemic, which exacerbated dropping prices and greatly affected China, South Korea and Japan, three of the world's largest importers of liquefied natural gas.

The suit, described by Bloomberg News as the "trial of the year," was prompted by $46 million in loans Souki made to Houston's Parallax Enterprises during his time as Cheniere CEO.

Tellurian argued that the loan was void, that Driftwood was a different, larger project despite sharing land with the early plans, and that Cheniere had since breached its contract with Parallax by abruptly pulling the funds.

[10] In July 2024, Australian petroleum exploration and production company, Woodside Energy, agreed to acquire Tellurian for a total enterprise value of $1.2 billion.