Skip to main content September 2020 Corporate Presentation – Tellurian Inc. | Shale Experts
Loading...
Pm

September 2020 Corporate Presentation – Tellurian Inc.

Tellurian Inc. · Sep 2, 2020 · 32 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. September 2020 Corporate Presentation – Tellurian Inc. – slide 1
    Corporate Presentation September 2020
  2. September 2020 Corporate Presentation – Tellurian Inc. – slide 2
    Tellurian value proposition (Nasdaq: TELL) Developing a global natural gas business around Driftwood LNG (DWLNG) Our business Driftwood LNG: a 27.6 mtpa LNG export terminal in Louisiana (1) Haynesville gas production: current asset…
  3. September 2020 Corporate Presentation – Tellurian Inc. – slide 3
    Driftwood plans to deliver LNG < 3.50/mmBtu Low capital cost, low operating cost, integrated JV Fully integrated low-cost project 1,000/tonne including LNG terminal, Driftwood pipeline, and upstream gas Haynesville Haynesville gas…
  4. September 2020 Corporate Presentation – Tellurian Inc. – slide 4
    Integrated model avoids price volatility Driftwood LNG is lower cost and has less price volatility than other LNG price indexes /mmBtu 2010-2020 average LNG price 10.00 Over a 10-yr cycle, integrated Driftwood FOB price would have…
  5. September 2020 Corporate Presentation – Tellurian Inc. – slide 5
    Positioned to deliver 5-7/sh of cash flow (1) Tellurian ownership structure(2) Illustrative cash flow calculation to Tellurian 13.6 mtpa mmBtu x 52 conversion Driftwood Holdings x 3.50 margin billion annual = 2.5…
  6. September 2020 Corporate Presentation – Tellurian Inc. – slide 6
    Haynesville value rises with Henry Hub Price volatility also proves value of upstream integration Haynesville Shale & Tellurian acreage Rising Henry Hub prices call for additional supply /mmBtu U.S. Gulf Coast 5.00 = Tellurian…
  7. September 2020 Corporate Presentation – Tellurian Inc. – slide 7
    Driftwood LNG progress & catalyst roadmap Fully- All permits Premier site wrapped EPC Financing Construction secured contract 2020-21 value creation catalysts Driftwood LNG is shovel LNG market recovery Commercial progress…
  8. September 2020 Corporate Presentation – Tellurian Inc. – slide 8
    LNG market recovering from June bottom Monthly global LNG trade and capacity LNG production capacity at year end million tonnes/month Expected % increase over prior year end million tonnes/month production capacity 39 2020E export…
  9. September 2020 Corporate Presentation – Tellurian Inc. – slide 9
    China and India LNG demand resilient China and India LNG imports up 8% and 21%, respectively, through July YoY Chinese LNG imports Indian LNG imports million tonnes/month million tonnes/month 7 7 6.3 6.6 5.8 6 5.5 6.4 6.4 6…
  10. September 2020 Corporate Presentation – Tellurian Inc. – slide 10
    Global increase in natural gas prices Strong recovery from low prices in April JKM - Asia TTF - Europe Henry Hub - USA 31% price increase 7 7 7 6 6 6 5 5 5 4 4 4 3 3 3 2 2 2 Jun-21 Jun-22 Jun-23…
  11. September 2020 Corporate Presentation – Tellurian Inc. – slide 11
    Entering 5-year starvation; expect rising price Global liquefaction capacity additions (mtpa) 30 mtpa capacity additions 146 mtpa capacity additions 53 mtpa capacity additions Limited capacity additions(1) 1.6% per annum 8.3% per…
  12. September 2020 Corporate Presentation – Tellurian Inc. – slide 12
    100 mtpa additional construction needed Recent demand growth rates imply the world will have LNG capacity constraints by 2021 mtpa Liquefaction capacity required by 2025(1) 900 800 9.3% p.a. growth rate 8.0%(2) 175 mtpa 700…
  13. September 2020 Corporate Presentation – Tellurian Inc. – slide 13
    Key investment highlights Driftwood LNG is shovel ready, all permits secured Engineering 30% complete, 150 mm invested in EPC Phase I low-cost capital 1,000/tonne LNG delivered FOB U.S. Gulf…
  14. September 2020 Corporate Presentation – Tellurian Inc. – slide 14
    Contact us Matt Phillips Social media Director, Investor Relations & Finance +1 832 320 9331 TellurianLNG matthew.phillipstellurianinc.com Johan Yokay Manager, Investor Relations & Finance +1 832 320 9327…
  15. September 2020 Corporate Presentation – Tellurian Inc. – slide 15
    Appendix: Driftwood LNG Project & Financial Details 16
  16. September 2020 Corporate Presentation – Tellurian Inc. – slide 16
    Driftwood LNGs ideal site for exports Access to pipeline infrastructure Access to power and water Support from local communities Site size over 1,000 acres Insulation from surge, wind and local populations Artist rendition…
  17. September 2020 Corporate Presentation – Tellurian Inc. – slide 17
    Driftwood expects to deliver LNG FOB…
  18. September 2020 Corporate Presentation – Tellurian Inc. – slide 18
    Driftwood LNG and pipeline capital for Phase I in billions, unless otherwise noted Uses ( bn) Sources ( bn) Driftwood LNG terminal 10.6 Driftwood partner equity 6.0 Owners cost(1) 1.8 Tellurian pre-FID work contribution 0.6…
  19. September 2020 Corporate Presentation – Tellurian Inc. – slide 19
    DWLNG update: 30% cost reduction in Phase I Driftwood model Phase I capital costs(1) (14.4 mtpa EPC guaranteed capacity) Key Business Model Benefits 1,473/tonne (2) Phase I: 1,000/tonne including upstream, pipeline, and…
  20. September 2020 Corporate Presentation – Tellurian Inc. – slide 20
    Bechtel LSTK secures project execution Driftwood EPC contract costs ( per tonne) 710 Increase from price refresh Leading LNG EPC contractor 560 44 LNG trains delivered to 18 500 510 customers in 9 countries 390 30% of global LNG…
  21. September 2020 Corporate Presentation – Tellurian Inc. – slide 21
    Value to Tellurian Inc. Every 1.00 reduction in gas costs or increase in LNG price adds 1.85/share in cash flow in 5-plant case Base case 3 Plants 5 Plants USGC netback Cost of LNG(1) Margin Cash flows(2)(3)(4) (/mmBtu) (/mmBtu)…
  22. September 2020 Corporate Presentation – Tellurian Inc. – slide 22
    Returns to Driftwood Holdings partners U.S. Gulf Coast netback price (/mmBtu) 5.00 7.00 9.00 11.00 Driftwood LNG, FOB U.S. Gulf Coast (3.50) (3.50) (3.50) (3.50) (/mmBtu) Margin 1.50 3.50 5.50 7.50 (/mmBtu) Annual partner…
  23. September 2020 Corporate Presentation – Tellurian Inc. – slide 23
    Unique opportunity led by experienced management team Charif Souki Martin Houston Executive Chairman of the Board, Co-Founder Vice Chairman, Co-Founder Founded Cheniere Energy, Inc. in 1996 Former COO and member of the board of…
  24. September 2020 Corporate Presentation – Tellurian Inc. – slide 24
    Tellurian commercial progress Total Driftwood equity investment and SPA Tellurian Marketing investment in Driftwood On July 10, 2019, Total agreed to make a 500 million Tellurian Marketing to purchase an equity interest(2) in equity…
  25. September 2020 Corporate Presentation – Tellurian Inc. – slide 25
    Appendix: LNG & ESG 26
  26. September 2020 Corporate Presentation – Tellurian Inc. – slide 26
    Global energy needs require natural gas The shifting landscape of energy consumption Drivers of shifting landscape 8 Tonnes oil equivalent/capita 35% Non-OECD energy consumption growth rate was 31% 7 30% 13x that of OECDs over the…
  27. September 2020 Corporate Presentation – Tellurian Inc. – slide 27
    China & India: 90 mtpa growth potential LNG demand growth (2019-2025) Key growth drivers mtpa Infrastructure: 2x growth in Indias pipeline grid by 2025 2x growth in Indias regas capacity by 2025 1.5x growth in Chinas pipeline grid…
  28. September 2020 Corporate Presentation – Tellurian Inc. – slide 28
    Indias targets suggest even higher gas use India natural gas demand primary sources Indias gas demand drivers mtpa Prime Minister Modi has set a target of 15% for Incremental supply required for 15% target (1) natural gas share of…
  29. September 2020 Corporate Presentation – Tellurian Inc. – slide 29
    India is rapidly building out gas infrastructure Sharp increase in LNG and gas-related infrastructure will tap into significant latent gas demand Indias emerging regas & gas transport infrastructure Indias regasification capacity…
  30. September 2020 Corporate Presentation – Tellurian Inc. – slide 30
    New Asian markets grow 41 mtpa by 2025 Emerging markets could add the equivalent of another South Korean market by 2025 LNG demand by region Bangladesh, Malaysia, Pakistan, Thailand: mtpa 32% gas market penetration, declining 600…
  31. September 2020 Corporate Presentation – Tellurian Inc. – slide 31
    Environmental and social leadership Driftwood LNG project expected to reduce lifecycle carbon emissions and support local communities Lifecycle emission reduction Sustainable development Social engagement Provide an outlet for…
  32. September 2020 Corporate Presentation – Tellurian Inc. – slide 32
    LNGs role in the energy transition Today: Reduce carbon intensity, improve air quality Future: Net zero carbon emissions Increasingly cost-competitive with coal Reduces carbon emissions by up to 50% Reduces SOx, NOx and particulate…

From the store

Browse maps, data & reports in the Shale Experts store