Berkshire Hathaway’s Unit Wraps Up Cove Point LNG Maintenance
10.13.2023 By Tank Terminals - NEWS

October 13, 2023 [LNG Prime]- The Cove Point LNG facility in Maryland, operated by Berkshire Hathaway’s unit BHE GT&S, has completed its annual maintenance.

 

BHE GT&S said in a notice that the “Cove Point liquefaction facility annual maintenance is complete” and effective October 12.

The operator announced the start of planned maintenance on September 20, without revaling how long it will last.

Last year, the plant’s maintenance took place from October 1 to October 28.

Warren Buffett’s Berkshire Hathaway Energy recently completed the previously announced $3.3 billion deal with Dominion Energy, boosting its stake in the Cove Point LNG terminal.

Dominion sold its 50 percent noncontrolling limited partner interest in Cove Point LNG, to Berkshire Hathaway Energy, which operates the facility and owns a 100 percent general partner and 25 percent limited partner interest.

Berkshire Hathaway Energy, via BHE GT&S, now has a total ownership interest of 75 percent.

A subsidiary of Brookfield Infrastructure Partners holds the remaining 25 percent limited partnership interest in Cove Point LNG.

The plant has a storage capacity of 14.6 billion cubic feet and a daily sendout capacity of 1.8 bcf, or about 5.25 million tons of LNG per year coming from one liquefaction unit.

Last year, the Cove Point LNG plant shipped its 300th cargo since it started commercial liquefaction operations in April 2018.

The Cove Point facility produces LNG for ST Cove Point, a joint venture of Japan’s Sumitomo Corporation and Tokyo Gas, and for India’s Gail under 20-year contracts.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ArcelorMittal Poland Plans to Build a Hydrogen Production Plant in Krakow
11.22.2024 - NEWS
November 22, 2024 [Gmk Center]- An investment of more than PLN 100 million will provide hydrogen ... Read More
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
11.22.2024 - NEWS
November 22, 2024 [Mcdermott]- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awa... Read More
MOL Group Signed Cooperation Agreement with KazMunayGas
11.22.2024 - NEWS
November 22, 2024 [World Pipelines]- MOL Group and Kazakhstani national oil company KazMunayGas (... Read More
Dialog's 1Q profit grows 14%, driven by midstream tank storage business and big opex drop
11.22.2024 - NEWS
November 22, 2024 [The Edge Malaysia]- Dialog Group Bhd’s net profit in the first quarter e... Read More