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Dominion CEO: Marcellus Shale Gas Could Be Exported to Europe, Asia via Cove Point LNG Terminal

Speaking at the CERAWeek conference in Houston yesterday, Dominion Resources CEO Thomas Farrell said that he believes that the Cove Point LNG terminal’s geographic location near the Marcellus Shale gas play presents an attractive outlet for producers who
March 9, 2011

Speaking at the CERAWeek conference in Houston yesterday, Dominion Resources CEO Thomas Farrell said that he believes that the Cove Point LNG terminal’s geographic location near the Marcellus Shale gas play presents an attractive outlet for producers who seek to export gas to Europe and Asia. According to Platts LNG Daily [subscription required], Dominion is willing to finance the construction of liquefaction facilities at the Cove Point terminal, but is seeking producers and shippers to contract for export capacity.

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