Warren Buffett’s Berkshire Hathaway Now Runs Cove Point LNG!

In July, when Dominion Energy announced it had decided to exit the natural gas pipeline business by selling it to Warren Buffett and cancel the much-needed Atlantic Coast Pipeline project, the company said it would retain a 50% ownership in its Cove Point LNG export facility and sell a 25% interest to Buffett’s company (see Dominion Cancels Atlantic Coast Pipe, Sells Pipe Biz for $9.7B). Not mentioned in the original announcement was that Buffett’s company would take over the operation of the Cove Point facility…

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