Tellurian's Driftwood pipeline project wins FERC certificate
CHUNYIP WONG/E+ via Getty Images

Tellurian (NYSE:TELL) +4.4% in Monday's trading after saying the Federal Energy Regulatory Commission issued a certificate granting authorization for Driftwood Pipeline's Line 200 and Line 300 natural gas transmission project in Louisiana.
The company said the pipelines will have the ability to supply up to 5.5B cf/day of natural gas virtually no emissions, citing Baker Hughes' (BKR) electric-powered Integrated Compressor Line technology.
Tellurian (TELL) is a "very speculative bet," and it looks "doubtful that [Chairman Charif] Souki will manage to raise the needed capital to build Driftwood LNG," Michael Wiggins de Oliveira writes in an analysis published recently on Seeking Alpha.