Cove Point boosts US LNG exports
A second facility will start supplying the fuel to international markets as American liquefied gas shipments gather pace
America's second major liquefied natural gas export plant, Dominion Energy's Cove Point project, is nearing its first cargo for export, marking the latest step in the US' transformation into a major supplier. Dominion said this week that its $4bn export facility in Maryland had started taking in feed gas for liquefaction, making first exports imminent. The initial test gas is being supplied and will be sold on by Shell. But the 5.4m tonnes per year—0.7bn cubic feet a day—facility is fully contracted for 20 years to sell gas to a joint venture between Japan's Sumitomo and Tokyo Gas as well as India's GAIL, some of Asia's biggest LNG buyers. Most of the gas being fed into Cove Point is expecte
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth