Cove Point LNG Facility Enters Commercial Service
Posted on Apr 13, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cove Point LNG Facility Enters Commercial Service
Dominion Energy has announced that its Cove Point LNG terminal (DECP) in Lusby, Md., has entered commercial service for natural gas liquefaction and export. According to the press release, after completing a planned maintenance outage, the facility has been ramping up to full production of LNG from natural gas provided by its export customers since late March. DECP will produce LNG for...
Exelon Generation to Acquire Everett LNG Import Terminal
Posted on Apr 4, 2018 in Financing, Markets and Competition, Regas Terminals & Capacity | Comments Off on Exelon Generation to Acquire Everett LNG Import Terminal
Exelon Generation announced an agreement to purchase ENGIE North America’s Everett Marine Terminal, also known as the Distrigas Terminal, an LNG import terminal located in Boston, Mass. According to the press release, the purchase is meant to ensure the continued reliable supply of fuel to Exelon Generations’ Mystic Units 8 and 9 while they remain operating. Transaction closure is...
Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project
Posted on Apr 2, 2018 in Financing, Liquefaction, LNG Exports, State and Local Issues | Comments Off on Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project
Last week, the Alaska Gasline Development Corporation (AGDC) announced that it has engaged Bank of China Limited (Bank of China) and Goldman Sachs & Co. LLC (Goldman Sachs) to serve as lead global capital coordinators for AGDC’s Alaska LNG project. Bank of China and Goldman Sachs will assist AGDC with raising equity and debt financing for the continued development of the Alaska LNG...