Cove Point LNG Terminal to Undergo Brief Maintenance Shut Down
Posted on Jun 6, 2018 in Liquefaction, LNG Exports | Comments Off on 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
Posted on Jun 5, 2018 in Financing, Liquefaction, LNG Exports | Comments Off on 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...