Phases two, three and four would add 5.5 mpta each, plus two more loading berths and one more storage tank. "The agreements with Bechtel guarantee performance and secure the EPC cost of Driftwood LNG at $550 per tonne, one of the lowest-cost liquefaction construction projects worldwide," said Tellurian president and CEO Meg Gentle in a statement. Gentle is an alumnus of American LNG pioneer and competitor Cheniere Energy. Tellurian was co-founded by ex-Cheniere CEO Charif Souki, who was ousted in 2015 by activist investor Carl Icahn over a difference in opinion about the strategic direction of the company, in particular its plans for continued expansion. Souki and Tellurian co-founder Sam Houston intend to compete on price by offering liquefaction at $0.50 cents per mmBtu less than Cheniere, a significant discount.