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LNG Project Clears Environmental Review

The U.S. Federal Energy Regulatory Commission has found that Dominion Resources Inc.’s proposed $3.8 billion Cove Point project on Maryland’s Chesapeake Bay would have “no significant impact” on the environment, as long as proper measures are taken. The full commission is scheduled to issue the final decision on the project by mid August. Cove Point is scheduled to begin shipments in late 2017 from a waterfront site that is already set to receive imports of LNG.

While environmental groups have criticized its assessment of the project, the Federal Energy Regulatory Commission (FERC) has concluded that Dominion Energy can proceed with a project to build a gas-fired power plant, a liquefaction plant, and can convert an import terminal at Cove Point, on the Chesapeake Bay.

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