Energy Exports = An Opportunity, Benefits for Americans
Mary Schaper
Posted September 30, 2014
Good LNG news yesterday: Dominion’s Cove Point LNG export terminal received federal approval from the Federal Energy Regulatory Commission (FERC). More from The Hill:
Dominion Resources Inc. will be allowed to liquefy and export up to 5.75 million metric tons of natural gas per year from its existing Cove Point compressor station on the Chesapeake Bay.
The decision follows a ruling in March by the Energy Department that the terminal may export gas to countries with or without a United States free trade agreement.
Dominion plans to have the $3.8 billion terminal up and running by June 2017. New construction would be on the same footprint as the existing site, the company said.
“We are pleased to receive this final approval that allows us to start constructing this important project that offers significant economic, environmental and geopolitical benefits,” Diane Leopold, president of Dominion Energy, said in a statement.
“Dominion is dedicated to constructing a safe, secure, environmentally compatible and reliable export facility.”
Read more: http://bit.ly/1uajZfa (Also covered by Fuelfix and Trib Live)
More industry news:
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ConocoPhillips Exports Crude Oil from Alaska: http://bit.ly/1xy5q7I
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Ohio College Starting Major to Train Oil and Natural Gas Landmen: http://bit.ly/1nGBkvG
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Editorial: Let Them Drill the Ohio and Save the State: http://bit.ly/1rAn1Hk
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The Facts the Anti-Frackers Ignore: http://bit.ly/ZoSJ12
About The Author
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.