Subject to Appeal, FERC Approves Cove Point LNG Exports
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Subject to Appeal, #FERC Approves Cove Point LNG Exports
Feds Give OK for Exports That Include Ohio Valley Gas
From an Article by Casey Junkins, Wheeling News-Register, May 8, 2015
Wheeling, WV Dominion Resources received final federal approval Thursday to export 770 million cubic feet of liquefied natural gas daily from its $3.8 billion Cove Point site in Maryland, pending a last-minute legal appeal from environmental groups.
While citing Energy Information Administration statistics that forecast U.S. natural gas production to reach an average rate of 72.4 billion cubic feet per day this year, the Obama administrations Department of Energy announced approval of Dominions plans Thursday, much to the delight of industry leaders.
This is a major milestone for a multi-billion-dollar project that has waited years for federal approval, said Erik Milito, director of Upstream and Industry Operations for the Washington, D.C.-based American Petroleum Institute.
This facility, and others like it, will allow America to be a net natural gas exporter by 2017, according to EIA. U.S. exports will help to bring energy security to our allies, while supporting jobs and economic growth in American manufacturing, construction, energy development, engineering, and other areas, he said.
Dominion operates the Blue Racer Natrium complex in Marshall County, as well as other natural gas processing infrastructure in both Ohio and West Virginia, which will now be part of the network used to send material to Cove Point for export so the gas can be shipped throughout the world.
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