Cove Point boosts US LNG exports
A second facility will start supplying the fuel to international markets as American liquefied gas shipments gather pace
America's second major liquefied natural gas export plant, Dominion Energy's Cove Point project, is nearing its first cargo for export, marking the latest step in the US' transformation into a major supplier. Dominion said this week that its $4bn export facility in Maryland had started taking in feed gas for liquefaction, making first exports imminent. The initial test gas is being supplied and will be sold on by Shell. But the 5.4m tonnes per year—0.7bn cubic feet a day—facility is fully contracted for 20 years to sell gas to a joint venture between Japan's Sumitomo and Tokyo Gas as well as India's GAIL, some of Asia's biggest LNG buyers. Most of the gas being fed into Cove Point is expecte
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






