With Cove Point LNG Imports Ended, Owners Want Regs Changed
Cove Point LNG exports roughly 1.8 billion cubic feet per day (Bcf/d) of Marcellus/Utica gas from the Maryland coast. The LNG export plant was conceived and built by Dominion Energy. However, Dominion has (stupidly) decided to divest from natural gas pipelines and other ventures and sold its ownership in Cove Point to Warren Buffett's Berkshire Hathaway Energy. Here's one thing you may not have known... Cove Point existed for decades as an LNG import facility before it was expanded to handle exports. Cove Point began to receive LNG imports in 1978. With long-term import contracts at Cove Point now expired, the owners want the Federal Energy Regulatory Commission (FERC) to change the regulatory statutes governing the facility's older (import) parts.
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