GAIL (India) Ltd, the shareholder in Petronet LNG and the operator of the Dabhol import terminal in the West Coast state of Maharashtra, signed a long-term supply deal with global commodities firm Vitol.
Dominion Energy, a shareholder in the Cove Point LNG export plant in Maryland supplying Asia and Europe, has closed the sale of Questar Pipelines to Southwest Gas Holdings Inc. in a transaction valued at almost $2 billion, including the assumption of $430M of existing debt.
The US Department of Energy has just published its latest liquefied natural gas export data with price differentials for the five largest plants showing that Cove Point in Maryland and Cameron in Texas had the highest-priced cargoes in 2020, averaging $6.39 per million thermal units and $5.88 per MMBtu respectively, and Japan was the top destination.
Dominion Energy, the power and natural gas operator and owner of the Cove Point LNG plant in Maryland, has made changes in responsibilities to build a senior leadership team under Thomas F. Farrell, Chairman, President and Chief Executive.
The United States shipped 11 liquefied natural gas cargoes for a third week as the nation’s three facilities keep up their production rates and the newest and fourth plant, Cameron LNG at Hackberry in Louisiana, has seen its first cargo depart on a Japanese-owned carrier amid rising pipeline exports to Mexico and falling imports from Canada.