Dominion announced this morning it has achieved several major milestones for advancing its Cove Point, Maryland LNG export facility, including contracts with Japan and India to take 100% of the LNG they can produce for export. The Cove Point LNG export facility, which includes the capability to liquefy natural gas into LNG, will cost $3.4 – $3.8 billion to build–a staggering number. It will provide jobs and an economic boost to the entire East Coast, especially Maryland and Virginia.
The Dominion press release from this morning: