Cove Point LNG
In November 2014, Vega and WGL signed a 20-year natural gas sales agreement with a US-based subsidiary of India's national gas utility GAIL, to deliver up to 430,000 dekatherms per day of natural gas for liquefaction by Dominion at their Cove Point, Maryland facility The Cove Point facility is expected to be in service in early 2018.
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Vega manages over 80 bcf of natural gas storage and 4 bcf per day of transportation, under long-term contractual arrangements with its customers...MOre
The continued development of vast quantities of new, domestic shale supply, combined with the significant prospects for new, LNG export-driven demand...MOre