Uh-Oh: Cove Point LNG Exports Possibly Delayed Until April

We’ve been waiting, with bated breath, for an announcement from Dominion Energy that their $4 billion LNG export terminal is finally (finally!) up and running and shipping out condensed Marcellus/Utica Shale gas as LNG, heading to Japan and India. In April of last year, Dominion said the plant would be up and running, shipping LNG to India beginning this month (see Dominion Cove Point to Begin LNG Exports to India in Jan 2018). Dominion began priming the pump with an initial load of feed gas in early December (see Dominion Cove Point LNG Export – Dress Rehearsal Begins). But by the end of the month, Dominion signaled a full startup at the facility may be delayed, until an unspecified “early next year” (see Dominion Signals Delay in Cove Point Start-up; Contract Related?). In a blockbuster story, NGI’s Daily Gas Price Index is reporting (based on a super secret source who talked to Bloomberg) that commercial startup of the Cove Point facility will now not happen until (gasp), April of this year. Why the delay? NGI spoke to their own experts who have a plausible theory…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment