Dominion Energy loads 100th commercial LNG ship at Cove Point
- Ports & Logistics
U.S. LNG operator Dominion Energy has loaded its 100th commercial liquefied natural gas (LNG) ship from its Cove Point LNG terminal.
Dominion said that the 100th cargo was loaded on November 11, nineteen months after the facility entered commercial service for natural gas liquefaction and export.
Located in Lusby, Maryland, the Cove Point LNG Terminal became the second-largest LNG export facility in the continental U.S. – and the first on the East Coast – when it entered commercial operation on April 9, 2018.
Cove Point produces LNG under 20-year contracts for ST Cove Point, a joint venture of Sumitomo Corporation and Tokyo Gas, and for Gail Global USA LNG, the U.S. affiliate of GAIL India.
The Cove Point facility is unique among U.S. LNG terminals for its operational flexibility and demonstrated the ability to perform all the functions of an LNG facility, including import, export, vaporization, and send out, and liquefaction. To date, the facility has produced more than 4 billion gallons of LNG, with export ships reaching more than 20 countries across the globe.
It is worth reminding that Dominion Energy sold a 25 percent non-controlling equity interest in Cove Point to Brookfield Super-Core Infrastructure Partners for just over $2 billion in late October.