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D Dominion Energy Inc

51.77
0.36 (0.70%)
Last Updated: 18:55:21
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dominion Energy Inc NYSE:D NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 0.70% 51.77 52.24 51.58 51.67 1,318,747 18:55:21

Dominion Energy Cove Point LNG Facility Introduces Feed Gas

05/12/2017 10:46pm

PR Newswire (US)


Dominion Energy (NYSE:D)
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RICHMOND, Va., Dec. 5, 2017 /PRNewswire/ -- Dominion Energy Cove Point today introduced feed gas into its newly constructed natural gas liquefaction facility currently undergoing commissioning in Lusby, MD. All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities.

 (PRNewsfoto/Dominion Energy)

Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and will off-take the LNG that is produced.

When commissioning is complete, DECP will produce LNG for ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD under 20-year contracts. DECP's liquefaction facility has a nameplate capacity of 5.25 mtpa of LNG.

Construction of the liquefaction facility began in October 2014, following more than three years of federal, state and local permit reviews and approvals. With a cost of $4 billion, it is the largest construction project ever thus far for Maryland and for Dominion Energy. Construction has involved more than 10,000 craft workers and a payroll of more than $565 million.

About Dominion Energy

Dominion Energy Cove Point is a unit of Dominion Energy, Inc., (NYSE: D) one of the nation's largest producers and transporters of energy. The company has a portfolio of approximately 25,600 megawatts of generation, 15,000 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion Energy also operates one of the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers. For more information about Dominion Energy, visit the company's website at www.dominionenergy.com.

 

View original content with multimedia:http://www.prnewswire.com/news-releases/dominion-energy-cove-point-lng-facility-introduces-feed-gas-300567253.html

SOURCE Dominion Energy

Copyright 2017 PR Newswire

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