Cove Point LNG deal
Dec 23 (LNGJ) - Dominion Energy of the US said it completed the sale for $2.1 billion of a 25 percent non-controlling stake in Cove Point LNG in Maryland to Brookfield Super-Core Infrastructure Partners, a fund managed by Brookfield Asset Management Inc. of Canada.
Dominion’s Cove Point LNG unit owns the liquefaction plant and storage facilities located on the western shore of Chesapeake Bay as well as a 136-mile pipeline that interconnects the facility with the inter-state pipeline system.
Dominion Cove Point LNG improves Washington area supplies as well as shipping cargoes
Dominion Energy Cove Point LNG, the owner of the export plant on Chesapeake Bay, has been given permission by regulators to start-up its Eastern Market Access Project to provide additional pipeline natural gas to the Washington DC region as well as LNG customers in Japan and India.
Dominion secures Cove Point plant term-loan from 20 banks to underscore bankability of LNG
Dominion Energy, the owner of the Cove Point liquefied natural gas export plant on Chesapeake Bay in Maryland, has secured $3 billion in lending commitments from over 20 banks for a three-year term loan that underscored that bankability of LNG.
US Energy Secretary to visit Cove Point LNG plant as DOE makes small-scale exports easier
US Energy Secretary Rick Perry will tour the Cove Point LNG export plant in Maryland on July 26 and take part in a ribbon-cutting ceremony to mark the successful start of operations for the nation’s second liquefaction facility.
Japanese LNG imports rebound as shipments start from Chesapeake Bay to Tokyo Bay
Japanese liquefied natural gas imports rebounded in May to rise by 2.7 percent as US shipments to Tokyo Bay started from Cove Point in Maryland, though thermal coal purchases were still preferred to LNG for power generation.
Japanese utility Tokyo Gas gets first LNG from Cove Point in Maryland via Panama Canal
Tokyo Gas, the largest Japanese LNG importer after Jera Co. Inc., has received its first cargo from the Cove Point export plant in Maryland where Japanese and Indian utilities have 20-year tolling agreement.
Cove Point LNG owner Dominion pulls out all the stops to become major US utility player
Dominion Energy, owner of the Cove Point liquefied natural gas liquefaction facility on Chesapeake Bay in the state of Maryland, is pulling out all the stops to acquire Scana Corp and its South Carolina natural gas and power assets as it strives to become a major player in the US utility business.
US Cove Point LNG starts up its commercial operations for Japanese and Indian customers
Dominion Energy said its US Cove Point LNG export plant on Chesapeake Bay in Maryland has formally started commercial operations five weeks after the first cargo was loaded.
Cove Point LNG shipment to UK is only third US cargo sent to Northwest Europe since 2016
The first cargo to be exported from the new Cove Point liquefied natural gas export plant on Chesapeake Bay in Maryland has arrived at the UK port of Milford Haven and is only the second US shipment to be sent to Britain since US LNG exports began in 2016, while almost 40 shipments have been sent to other European nations, mainly in the South.
Shell LNG carrier to unload first cargo from US Cove Point plant at UK terminal on March 21
The second US liquefied natural gas export plant to come on stream in the Lower 48 States, the Cove Point facility in Maryland, is delivering its first cargo to the UK port of Milford Haven on March 21.
