Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Liabilities

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Accounts Payable and Accrued Liabilities
6 Months Ended
Jun. 30, 2017
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Liabilities

NOTE 9 — ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

The components of accounts payable and accrued liabilities consist of the following (in thousands):

 

        June 30, 2017           December 31, 2016   

Front-end engineering and design

  $                            776      $ 12,549   

Payroll and compensation

    10,507        6,311   

Professional services (e.g., legal, audit)

    2,736        2,323   

Other

    4,851        3,220   
 

 

 

   

 

 

 

Total accounts payable and accrued liabilities

  $                         18,870      $ 24,403   
 

 

 

   

 

 

 

In February 2016, Tellurian engaged Bechtel to perform a FEED study for the Driftwood terminal, and in June 2016, Tellurian engaged Bechtel to perform a FEED study for the Driftwood pipeline. Accounts payable and accrued liabilities for FEED costs relate primarily to our contracts for FEED services with Bechtel as well as subcontractors working on the project. The FEED studies for the Driftwood pipeline and the Driftwood terminal were completed in March 2017 and June 2017, respectively.