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Why Tellurian Blasted 25% Higher on Friday

TheMotleyFool

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Why Tellurian Blasted 25% Higher on FridayPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png

Liquefied natural gas (LNG) specialist Tellurian (NASDAQ: TELL) rose sharply to close more than 25% higher on Friday. A pronouncement from one of the top figures at the company provided a surge of hope for investors.

Charif Souki, Tellurian's co-founder and executive chairman, said the company is aiming to begin construction on Driftwood LNG this summer, saying that it's "probably the project that is the closest to starting construction."

Image source: Getty Images.

Source Fool.com

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