Woodside, Aramco in talks to invest in Tellurian LNG plant, Bloomberg reports

Tellurian (TELL) is in discussions with Saudi Aramco and Woodside Energy Group (WDS) over the two companies investing in its liquefied natural gas export project in Louisiana, Bloomberg’s Ruth Liao and Stephen Stapczynski report, citing people familiar with the matter. The U.S. LNG developer has reviewed various equity investment offerings from the energy companies related to its proposed Driftwood plant, said the people. They added that the potential deal may include MidOcean Energy, a subsidiary of investment firm EIG Global Energy Partners, in which Aramco holds a stake. Shares of Tellurian have jumped almost 12% to 55c in morning trading.