LNG Developer Tellurian Hires Financial Adviser


HOUSTON (Reuters) -Struggling liquefied natural gas (LNG) developer Tellurian on Thursday said it has hired a financial adviser to assist in balance sheet management.

Tellurian ousted its chairman and co-founder Charif Souki, earlier this month weeks after auditors raised doubts about the company’s ability to cover future expenses.

Chairman Martin Houston in a letter to shareholders said the adviser will “assist with shaping commercial structures as well as balance sheet management.”



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