The US utility Dominion Energy filed a request to the US FERC in order to introduce feed gas to parts of its US$3.8bn Cove Point LNG export facility project and enable the commissioning of the LNG loading equipment.
The Cove Point LNG export project will be built on the site of the existing regasification terminal and will use its storage facilities. It will have a capacity of 5.25 Mt/year (21.8 mcm/d) and is expected to be commissioned in late 2017 or early 2018. It was 92% complete as of July 2017. Cove Point LNG will be the first gas liquefaction project and export facility on the US East Coast.
As of today, the liquefaction project's marketed capacity is completely subscribed under a 20-year service agreement. Pacific Summit Energy, LLC, a U.S. subsidiary of the Japanese trading company Sumitomo Corporation, and GAIL Global LNG LLC, a U.S. affiliate of the Indian company GAIL Ltd., have each contracted 50% of the marketed capacity.
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