LNG

The Federal Energy Regulatory Commission has introduced reforms to ensure the US transmission grid can meet the nation’s growing demand for reliable electricity with a new rule that outlines how to plan and pay for facilities that regions of the country will need to keep the lights on and power the American economy through the 21st Century.

Dominion Energy, owner of the Cove Point liquefied natural gas liquefaction facility on Chesapeake Bay in the state of Maryland, has confirmed a deal to buy troubled US energy company Scana Corp. in an all-stock transaction, and including debt, with a total value of about $14.6 billion just as it has become the second US LNG exporter with a plant now on stream.