Tellurian leader forecasts a promising future for gas and LNG on the horizon

What do you see as the greatest opportunities for the gas and LNG industry in the coming years?

Natural gas and LNG supplies are crucial today and will be for many decades to come. The world is facing a significant shortage of energy due to underinvestment in traditional forms of energy. The hope was that, somehow, we could ramp up renewables very quickly, but this has not happened. So, what has happened in the last eight years is that we have created a significant energy shortage. One answer to this shortage is natural gas, but only if we make the investments to use it and help alleviate the energy shortage problem.

I feel that the opportunities for natural gas are significant. It can alleviate energy shortages and the emissions related to it are much lower than the alternative sources of fuel. We also see the future of LNG as very promising. LNG allows those countries that don’t have access to pipelines to take advantage of natural gas benefits as it can be transported by trucks or ships to remote areas.

There are some criticisms of natural gas that we need to listen to. Methane leaks is something that we need to address, and as a company we are. Gas is a key component of the future of energy and a way to reduce emissions, not just carbon but also air pollutants.

How is Telluiran hoping to meet the growing demand for LNG?

We embarked five years ago on developing a project that will have almost 28 million tons of LNG and be distributed via five plants. We are in the process of financing the first two plants. It is a unique business model because it is integrated. It allows us to actually know exactly what our emissions are from production of the gas, transportation and then production of LNG.

It is a unique business model that allows us to deal with the volatility of the market because we are selling it on global market prices. It is also unique as we can accommodate the needs of the buyers of LNG as opposed to minimising the risk of the seller.

Gastech taking place in Europe is very appropriate but we need to find an agreement between the folks that are responsible for supplying energy to Europe and the regulations, with restrictions on financing the development of infrastructure. We are doing our part and we continue to try and tell the story based on the facts and the reality of what can and cannot be done.

Do you see Telluiran evolving its operations on a global, domestic, or company case-by-case basis to suit future energy challenges and policies?

Our aim and goal as a company is to be global. We want to be part of the global business and not just be part of an infrastructure business in the United States. That is why we have structured our contracts the way we have and we are sought after to participate in activities and initiatives that could lead to development of infrastructure projects worldwide.

What does Telluiran hope to achieve at and take away from this edition of Gastech?

We are looking forward to Gastech in Milan, which as a location will allow a lot of people to attend. As the Covid limitations subside this is probably the first large industry conference that people can easily access. It will be a great opportunity for us to discuss how we position natural gas and look at the reality of the challenges facing the energy industry. I look forward to having conversations around these fundamental issues in either the plenaries or roundtables in Milan.