Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, and several have released recent updates on their operations. While most planned LNG facilities are located in either Louisiana or Texas, a few will be constructed outside of the Gulf. One of these, Dominion Energy’s (ticker: D) Cove Point in Maryland, is queued to become the second major U.S. LNG export facility to begin shipping cargoes, following Cheniere Energy (ticker: LNG) which in February 2016 became the first LNG export project to begin shipping liquefied U.S. natural gas to international customers.
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Written by Oil & Gas 360 and Published by OilPrice.com