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Dominion's Cove Point wins DoE approval for LNG export

May 07, 2015 2:31 PM ETDominion Energy, Inc. (D) StockDBy: Carl Surran, SA News Editor1 Comment
  • The U.S. Energy Department gives final approval for Dominion Resources (D +0.5%) to export liquefied natural gas from its $3.8B Cove Point plant in Maryland.
  • The terminal is authorized to export LNG up to the equivalent of 770M cf/day of natural gas for a period of 20 years.
  • At the same time, the Sierra Club and other groups file suit in the D.C. Circuit court over the FERC's recent decision to approve the terminal.

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