LNG

Dominion Energy, the US East Coast-based utility and pipeline company, said Cove Point LNG export plant on Chesapeake Bay in Maryland has shipped its 100th commercial cargo since starting up 18 months ago.

Canadian equity fund Brookfield Asset Management has purchased a 25 percent stake in Dominion Energy Cove Point LNG, the single-Train Maryland plant holding tolling agreements with Indian and Japanese companies. The transaction shows the growing value of US liquefaction and export facilities.