Published on 13 Apr 2023 on Hart Energy via Yahoo Finance
Tellurian Inc. executive chairman Charif Souki has shed almost 25 million shares in his company, which owns the Driftwood LNG LLC project, as concerns mount about the project’s future amid a search for $3.5 billion in equity from third parties.
Souki’s shareholding in Tellurian was almost 2 million on March 31, down 92% versus almost 27 million on Feb. 8, according to data from online broker eTrade.
Charif Souki's share dump of Tellurian Inc. (Source: Hart Energy)