Dominion Energy sells pipelines and storage and Cove Point LNG stake to Warren Buffett in $9.7Bln deal
Dominion Energy, operator of the Cove Point liquefied natural gas plant in Maryland, has agreed a transaction valued at $9.7 billion to sell its gas transmission and gas storage assets to Berkshire Hathaway Energy owned by US investor Warren Buffett, including a 25 percent stake in Cove Point and its operatorship.
US Court rejects environmentalist moves to block shale-gas pipelines to Southern markets
The US Court of Appeals has judged in favor of regulators and the Atlantic Coast Pipeline, designed to deliver Marcellus and Utica shale gas into Southeast markets and LNG export facilities, in ruling against environmental groups seeking to suspend construction.
US Cove Point LNG project owner Dominion says regulator moves on Atlantic Coast Pipeline
Dominion Energy, whose midstream unit owns the Cove Point LNG export project on Chesapeake Bay in Maryland, said regulators had issued a final Environmental Impact Statement for the Atlantic Coast Pipeline to ship natural gas.
US Atlantic Coast Pipeline will show economic benefits of shale-gas boom and LNG exports
The $5-billion Atlantic Coast Pipeline project, involving liquefied natural gas export plant developer Dominion Resources, has signed a construction contract that will enable the delivery of feed-gas from the Marcellus Shale to LNG export plants in Maryland, Georgia and further south as well as to pipeline consumers.
