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Tellurian and Vitol in $12B LNG Deal

Tellurian Inc (NASDAQ: TELL) has announced that it has finalized a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Inc. Tellurian Inc (NASDAQ: TELL) has announced that it has finalized a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Inc. The deal is for three million tons per annum, on a free on board basis at Driftwood LNG, for a ten-year period, indexed to a combination of two indices; the Japan Korea Marker (JKM) and the Dutch Title Transfer Facility (TTF), Tellurian revealed. At today’s prices, the agreement is valued at approximately $12 billion in revenue over ten years, Tellurian outlined.

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