Tellurian Shifts Strategy with Major Natural Gas Asset Divestiture

US energy firm Tellurian is executing a significant strategic pivot with the sale of core natural gas holdings. The transaction with Aethon Energy signals a definitive corporate reorientation toward strengthening its liquefied natural gas operations.

In a move that reshapes its operational focus, Tellurian has agreed to divest its natural gas production assets across East Texas and Louisiana. Aethon Energy will acquire these upstream properties at a price of $15.60 per flowing barrel. This disposition provides Tellurian with a substantial capital infusion while sharpening its strategic priorities.

The sale directly impacts Tellurian’s previously integrated business model, which traditionally encompassed gas production, liquefaction, and worldwide marketing. Exiting these production assets suggests a deliberate reallocation of capital and corporate resources?most Read more...