US gas supplier Tellurian and commodity trader Gunvor have agreed to an extension of the liquefied natural gas contract the parties signed in 2021 to allow the developer of the Driftwood LNG project to meet the terms of the agreement.

In a filing to the SEC, Driftwood’s owner Tellurian said the timing of its supply deal with Gunvor Singapore, a subsidiary of the international trading house, has been extended by one month to 31 January 2023 and the pricing index to which the deal is linked has been changed from Holland’s Title Transfer Facility to Japan Korea Marker.