Berkshire Hathaway's Cove Point LNG Back Online After 3-Week Shutdown
(Reuters) — Berkshire Hathaway Energy's 0.8-bcf/d Cove Point LNG export plant in Lusby, Maryland, returned to production on Saturday, three weeks after it shut down for annual maintenance, according to data from financial firm LSEG.
The plant is one of the smallest U.S. LNG export facilities, but with low gas prices since March this year, any loss of demand can negatively impact the Henry Hub price.
On Saturday, Cove Point was on track to pull 844 million cubic feet (MMcf) of gas, up from a mere 15 MMcf per day since the plant shut down on Sept. 20, according to LSEG data.
Gas flows to the seven big U.S. LNG export plants averaged 13.7 billion cubic feet per day (bcf/d) on Saturday, up from Friday when they averaged 12.9, bcf/d, showing the impact of the restart of the Cove Point plant, according to LSEG data.
Related News
Related News
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments