Cove Point LNG owner Dominion enters the small-scale fuel market with US acquisition
Dominion Energy has closed its acquisition of Pivotal LNG from the utility, Southern Company, to enter the small-scale market for deliveries by containers, trucks and to be a supplier to the maritime fuel market.
Tokyo Gas boosts utility income while expanding LNG and gas business in Asia-Pacific and US
Tokyo Gas, the Japanese utility and importer of 14 million tonnes per annum of LNG, said fiscal half-year net sales from April to September increased by 9.4 percent as it benefited from the nations liberalization of the utility sector and from diversifying and expanding the sources of its LNG imports.
Canadian equity fund Brookfield buys stake in Cove Point LNG export plant for over $2 billion
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.
