Dominion Maryland Cove Point LNG export plant starts to exit outage
Dominion Energy Inc’s Cove Point LNG export terminal in Maryland has started to exit a three-week annual maintenance outage, according to data from Refinitiv.
The amount of natural gas flowing on pipelines to the plant was on track to reach 0.5 billion cubic feet per day (bcfd) on Monday from around zero since it shut on Sept. 20, the data showed.
One billion cubic feet is enough to supply about five million U.S. homes for a day.
The timing of this outage was in line with Dominion’s 2018 and 2019 annual maintenance shutdowns.
Dominion spent about $4 billion to add the LNG export terminal to Cove Point’s existing LNG import terminal. It sent out its first cargo in March 2018.
Dominion agreed to sell 25% of Cove Point to a unit of Berkshire Hathaway Inc, which will operate the facility once it completes the acquisition of Dominion’s gas transmission business later this year. Dominion will retain a 50% passive interest in Cove Point.
U.S. LNG export capacity is expected to rise to 10.6 bcfd in 2021 and 12.1 in 2022 from 10.0 bcfd now.
By the mid-2020s, analysts say, the United States will become the biggest LNG exporter in the world, ahead of current global leaders Qatar and Australia.
Cove Point is designed to liquefy about 0.75 bcfd of gas.
Dominion sold the project’s capacity for 20 years to a subsidiary of GAIL (India) Ltd and to ST Cove Point, a joint venture between units of Japanese trading company Sumitomo Corp and Tokyo Gas Co Ltd.
ST Cove Point has agreed to sell some of the LNG to Tokyo Gas and some will go to Kansai Electric Power Co Inc, according to Sumitomo’s Pacific Summit Energy (PSE) unit.
Reporting by Scott DiSavino; Editing by Steve Orlofsky
Between mid-2019 and mid-2020, the amount of LNG terminal capacity in construction around the world more than doubled.
Executive Viewpoint: Excelerate Energy sees huge new-market potential for FSRUs
Excelerate Energy is a pioneer and market leader in floating LNG regasification solutions.
Executive Viewpoint: Midstream seeks cost-effective, “fit-for-purpose” solutions amid downturn
-Gregory L. Hall
BCCK Holding encompasses BCCK Engineering Inc., an international natural gas engineering company specializing in nitrogen rejection, nitrogen rejection for landfill gas, NGL recovery, CO2 removal, helium recovery, skidded LNG plants and oxygen removal.
Regional Focus: The role of small-scale LNG in Russia’s energy agenda
-Lorenzo Micucci, John Motta
A number of factors are challenging Russia’s position in the energy markets: the change in the global natural gas landscape, the abundance of gas, expanding LNG trade, and the increased interconnectivity among pipeline systems that makes possible reverse flows.
GasPro 2.0: A Webcast Symposium
Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.
The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.
The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.
Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.
October 21, 2020 08:30 AM CDT