Cove Point ships out its first LNG cargo, making Dominion officially the second U.S. LNG exporter leading the new wave of U.S. natural gas global takeaway opportunities – 2 years after Cheniere started the charge On March 1, 2018, Dominion Energy’s (ticker: D) Cove Point LNG export facility in Lusby, Maryland, secured two places in the record books. On Thursday
First U.S. east coast export facility is expected to enter commercial service in early March Dominion Energy Cove Point (DECP, ticker: D) has begun producing liquefied natural gas. The company’s newly constructed natural gas liquefaction facility is undergoing commissioning in Lusby, MD. When commissioning is complete, DECP will produce LNG for its customer joint venture ST Cove Point, a JV
Cove Point targets first cargoes to ship in early 2018 Dominion Energy’s Cove Point LNG facility in Lusby, Maryland, is sprinting into the stretch on the final lap in the race to export U.S. energy. When it crosses the finish line, Cove Point will become the U.S.’s second natural gas liquefaction plant to begin exporting liquefied U.S. natural gas (LNG)
Dominion Energy (ticker: D) issued a statement today saying it would begin commercial operations early next year under the terms of previously negotiated 20-year contracts with ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD. Responding to a report from India’s Oil Minister, reported by
From Platts Dominion Energy’s Cove Point LNG export terminal in Maryland received its first tanker on Thursday as the company prepares to join Cheniere Energy shipping US supplies overseas. Inspectors boarded the Maran Gas Delphi and the vessel was being moored at the facility around 3:05 pm local time, US Coast Guard spokesman Andy Kendrick said in an email. It
Cove Point LNG owner Dominion says plant will begin LNG production in November Dominion Energy (ticker: D) has a lot of faith in the financial benefits that it will derive when it flips the switch and begins to export U.S. natural gas from its $3.4 billion Cove Point LNG liquefaction and export facility in Maryland. “We remain confident that our
U.S. producers enjoy higher prices due to international customers for LNG export cargoes; Canadian gas becoming increasingly stranded – report A lack of market choice for Canadian natural gas led to increased volatility and depressed prices over the summer, creating a higher-than-usual differential with the price of U.S. natural gas, according to the latest oil and gas price forecast by
Cove Point Begins Construction, Freeport Secures Financing Japanese/Asian Customers Lock Up Capacity of Both Projects With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove Point LNG Export project on the western shore of the Chesapeake Bay in Maryland. The estimated price tag to add
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