Dominion: Cove Point LNG 95 percent complete

Dominion Energy said work on the Cove Point LNG export facility near Lusby, Maryland is 95 percent complete and on track to start service in the fourth quarter of 2017. 

All of the major equipment has been set in place with the focus now turning on commissioning activities, Dominion said in its July report.

All of the five tower cranes used to transfer equipment onsite have been taken down and transported offsite, Dominion said, adding that all the barge loads and heavy haul deliveries have been transported.

Thomas F. Farrell II, chairman, president and chief executive officer of Dominion Energy, said the company received “FERC authorization for hydrocarbon entry into four additional project areas, adding that over 90 percent of the project’s systems are now in the commissioning phase.”

Speaking during the company’s second quarter conference call, Farell II said the company has received FERX permit to export the LNG produced during commissioning.

“We have an agreement with a third party to provide the commissioning natural gas and to export commissioning LNG from a facility,” he said.

He added that the facility will have a period of sustained LNG production during the fourth quarter before it starts commercial operations later in the year.

Once it is completed, the liquefaction facility being built at its existing LNG terminal will have the capacity to produce 5.25 million metric tons of liquefied natural gas per year.

The production capacity has been fully subscribed with Pacific Summit Energy, a U.S. unit of Sumitomo Corporation, as well as with GAIL Global (USA) LNG, a U.S. unit of India’s utility GAIL, under 20-year terminal service agreements.

LNG World News Staff