Tellurian shelves Permian Global Access Pipeline
Earlier this month, Tellurian Inc. withdrew its application from the Federal Energy Regulatory Commission (FERC) for the planned 625-mile Permian Global Access Natural Gas Pipeline (PGAP). The company stated that the project proved financially unviable due to the struggling fossil fuel industry amidst the coronavirus pandemic. COVID-19 has had worldwide consequences to the industry, as travel bans have resulted in decreased fuel consumption and a subsequent decline in oil and gas prices. The $4.2 billion project filed an initial application with FERC in September 2019 and would’ve transported 2.3 Bcf/d of natural gas from the Permian Basin in west Texas and southeast New Mexico to the Driftw
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