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Cove Point LNG Terminal to Undergo Brief Maintenance Shut Down

Reuters reports that Dominion Energy’s (Dominion) Cove Point LNG production and export terminal at Lusby, Md., will undergo a brief shut down for maintenance this coming Fall, possibly for only a few weeks.  According to Dominion’s Chief Executive Officer Thomas Farrell, the Cove Point facility, with a nameplate annual capacity of 5.25 million tonnes of LNG, has been at full production...

LNG Limited Raises A$28.2 Million For Magnolia LNG Offtake Marketing Efforts

Australian company Liquefied Natural Gas Limited (LNGL) has announced that it has entered into a binding subscription agreement with IDG Energy Investment Group Limited for a Share Placement which will raise gross proceeds of A$28.2 million. According to the press release, following the close of the Share Placement, IDG Energy Investment will hold a 9.9% interest in LNGL. Net proceeds...

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