Notice2024-20394
Change In Control: Driftwood LNG LLC
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 10, 2024
Issuing agencies
Energy Department
Abstract
The Office of Fossil Energy and Carbon Management (FECM) of the Department of Energy (DOE) gives notice of receipt of a Statement of Change in Control (Statement) filed by Driftwood LNG LLC (Driftwood LNG) on August 16, 2024. The Statement describes an expected change in Driftwood LNG's upstream ownership. The Statement was filed under the Natural Gas Act (NGA).
Full Text
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<title>Federal Register, Volume 89 Issue 175 (Tuesday, September 10, 2024)</title>
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[Federal Register Volume 89, Number 175 (Tuesday, September 10, 2024)]
[Notices]
[Pages 73398-73399]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20394]
[[Page 73398]]
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DEPARTMENT OF ENERGY
[Docket No. 16-144-LNG]
Change In Control: Driftwood LNG LLC
AGENCY: Office of Fossil Energy and Carbon Management, Department of
Energy.
ACTION: Notice of change in control.
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SUMMARY: The Office of Fossil Energy and Carbon Management (FECM) of
the Department of Energy (DOE) gives notice of receipt of a Statement
of Change in Control (Statement) filed by Driftwood LNG LLC (Driftwood
LNG) on August 16, 2024. The Statement describes an expected change in
Driftwood LNG's upstream ownership. The Statement was filed under the
Natural Gas Act (NGA).
DATES: Protests, motions to intervene, or notices of intervention, as
applicable, and written comments are to be filed as detailed in the
Public Comment Procedures section no later than 4:30 p.m., eastern
time, September 25, 2024.
ADDRESSES:
Electronic Filing by email (Strongly encouraged):
<a href="/cdn-cgi/l/email-protection#52343720353321123a237c363d377c353d24"><span class="__cf_email__" data-cfemail="1c7a796e7b7d6f5c746d32787379327b736a">[email protected]</span></a>.
Postal Mail, Hand Delivery, or Private Delivery Services (e.g.,
FedEx, UPS, etc.): U.S. Department of Energy (FE-34), Office of
Regulation, Analysis, and Engagement, Office of Fossil Energy and
Carbon Management, Forrestal Building, Room 3E-056, 1000 Independence
Avenue SW, Washington, DC 20585.
Due to potential delays in DOE's receipt and processing of mail
sent through the U.S. Postal Service, we encourage respondents to
submit filings electronically to ensure timely receipt.
FOR FURTHER INFORMATION CONTACT:
Jennifer Wade or Peri Ulrey, U.S. Department of Energy (FE-34), Office
of Regulation, Analysis, and Engagement, Office of Resource
Sustainability, Office of Fossil Energy and Carbon Management,
Forrestal Building, Room 3E-042, 1000 Independence Avenue SW,
Washington, DC 20585, (202) 586-4749 or (202) 586-7893,
<a href="/cdn-cgi/l/email-protection#b0dad5deded9d6d5c29ec7d1d4d5f0d8c19ed4dfd59ed7dfc6"><span class="__cf_email__" data-cfemail="c3a9a6adadaaa5a6b1edb4a2a7a683abb2eda7aca6eda4acb5">[email protected]</span></a> or <a href="/cdn-cgi/l/email-protection#ee9e8b9c87c09b829c8b97ae869fc08a818bc0898198"><span class="__cf_email__" data-cfemail="a5d5c0d7cc8bd0c9d7c0dce5cdd48bc1cac08bc2cad3">[email protected]</span></a>
Cassandra Bernstein, U.S. Department of Energy (GC-76), Office of the
Assistant General Counsel for Energy Delivery and Resilience, Forrestal
Building, Room 6D-033, 1000 Independence Avenue SW, Washington, DC
20585, (240) 780-1691, <a href="/cdn-cgi/l/email-protection#e487859797858a809685ca8681968a9790818d8aa48c95ca808b81ca838b92"><span class="__cf_email__" data-cfemail="c7a4a6b4b4a6a9a3b5a6e9a5a2b5a9b4b3a2aea987afb6e9a3a8a2e9a0a8b1">[email protected]</span></a>
SUPPLEMENTARY INFORMATION:
Summary of Change in Control
Currently, Driftwood LNG is an indirect, wholly-owned subsidiary of
Tellurian Inc. (Tellurian), a Delaware corporation. Driftwood LNG
states that, on July 21, 2024, Tellurian announced that it had entered
into a definitive agreement with subsidiaries of Woodside Energy Group
Ltd (Woodside), an Australian Company, pursuant to which a Woodside
subsidiary will acquire all the outstanding shares of Tellurian
(Proposed Transaction). Upon satisfaction of certain conditions
precedent and completion of the Proposed Transaction, Tellurian will be
a direct wholly-owned subsidiary of Woodside Energy Holdings (NA) LLC,
a Delaware limited liability company with its principal place of
business in Houston, Texas, and an indirect wholly-owned subsidiary of
Woodside.
Driftwood LNG states that the Proposed Transaction is anticipated
to close in the fourth quarter of 2024. Driftwood LNG further states
that, after the Proposed Transaction is consummated, it will continue
to be the sole holder of the export authorizations at issue.
Charts illustrating the ownership structure of Driftwood LNG before
and after the closing of the Proposed Transaction are attached to the
Statement as Exhibit A. Additional details can be found in the
Statement, posted on the DOE website at: <a href="https://www.energy.gov/sites/default/files/2024-08/Driftwood%20CIC%20%28Dated%208-16-24%29.pdf">https://www.energy.gov/sites/default/files/2024-08/Driftwood%20CIC%20%28Dated%208-16-24%29.pdf</a>.
DOE Evaluation
DOE will review the Statement in accordance with its CIC
Procedures.\1\ Consistent with the CIC Procedures, this notice
addresses Driftwood LNG's existing authorization to export liquefied
natural gas (LNG) to countries with which the United States has not
entered into a free trade agreement (FTA) requiring national treatment
for trade in natural gas (FTA countries) and with which trade is not
prohibited by United States law or policy (non-FTA countries), granted
in DOE/FE Order No. 4373, as amended.\2\ If no interested person
protests the change in control and DOE takes no action on its own
motion, the proposed change in control will be deemed granted 30 days
after publication in the Federal Register. If one or more protests are
submitted, DOE will review any motions to intervene, protests, and
answers, and will issue a determination as to whether the proposed
change in control has been demonstrated to render the underlying
authorizations inconsistent with the public interest.
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\1\ 79 FR 65541 (Nov. 5, 2014).
\2\ Driftwood LNG's Statement also applies to its existing
authorization to export LNG to FTA countries in the same docket. DOE
will respond to that portion of the filing separately pursuant to
the CIC Procedures, 79 FR 65542.
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Public Comment Procedures
Interested persons will be provided 15 days from the date of
publication of this notice in the Federal Register to move to
intervene, protest, and answer the Statement.\3\ Protests, motions to
intervene, notices of intervention, and written comments are invited in
response to this notice only as to the change in control described in
the Statement. All protests, comments, motions to intervene, or notices
of intervention must meet the requirements specified by DOE's
regulations in 10 CFR part 590, including the service requirements.
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\3\ Intervention, if granted, would constitute intervention only
in the change in control portion of these proceedings, as described
herein.
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Filings may be submitted using one of the following methods:
(1) Submitting the filing electronically at <a href="/cdn-cgi/l/email-protection#1b7d7e697c7a685b736a357f747e357c746d"><span class="__cf_email__" data-cfemail="45232037222436052d346b212a206b222a33">[email protected]</span></a>;
(2) Mailing the filing to the Office of Regulation, Analysis, and
Engagement at the address listed in the ADDRESSES section; or
(3) Hand delivering the filing to the Office of Regulation,
Analysis, and Engagement at the address listed in the ADDRESSES
section.
For administrative efficiency, DOE prefers filings to be filed
electronically. All filings must include a reference to ``Docket No.
16-144-LNG'' in the title line, or ``Driftwood LNG Change in Control''
in the title line.
For electronic submissions: Please include all related documents
and attachments (e.g., exhibits) in the original email correspondence.
Please do not include any active hyperlinks or password protection in
any of the documents or attachments related to the filing. All
electronic filings submitted to DOE must follow these guidelines to
ensure that all documents are filed in a timely manner.
The Statement, and any filed protests, motions to intervene,
notices of intervention, and comments will be available electronically
on the DOE website at <a href="http://www.energy.gov/fecm/regulation">www.energy.gov/fecm/regulation</a>.
[[Page 73399]]
Signed in Washington, DC, on September 4, 2024.
Amy R. Sweeney,
Director, Office of Regulation, Analysis, and Engagement, Office of
Resource Sustainability.
[FR Doc. 2024-20394 Filed 9-9-24; 8:45 am]
BILLING CODE 6450-01-P
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