Currents - Energy Industry Insights - February 2018 #4

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Dominion to Start Cove Point LNG Exports Early March -

"Dominion Energy said it expects to start exporting liquefied natural gas from its Cove Point terminal in Maryland, the second U.S. facility to produce LNG from shale gas, in early March."

Why this is important: The commissioning of the Cove Point Export LNG terminal in Maryland is a hopeful step toward increasing the demand and price for Appalachian shale gas. On the domestic front, opposition by elected officials and NGOs to the increased safety and efficiency of new pipeline distribution systems continues to disconnect the supply of Appalachian shale gas from delivery to U.S. markets in the population centers of Mid- Atlantic and New England states. That leads to anomalies such as the importation of Russian gas by the City of Boston at a much higher price than natural gas could be purchased on the domestic market....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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