Exelon purchases North American LNG import terminal from ENGIE
Published by Will Owen,
Editor
LNG Industry,
Exelon Generation has announced an agreement to purchase the Everett Marine/Distrigas LNG import terminal from ENGIE North America.
The purchase aims to ensure a continued reliable supply of fuel to units 8 and 9 of the Exelon owned Mystic Generating station while they remain operating – Exelon has filed with the ISO New England Inc. to retire Mystic Generating Station’s Units 7, 8, 9, and the Jet unit on 1 June 2022.
Transaction closure is dependent upon regulatory review by the US Department of Energy for LNG import authorisation and, as necessary, authorisation from the US Department of Justice. The transaction is expected to close in Q4 2018.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/05042018/exelon-purchases-north-american-lng-import-terminal-from-engie/
You might also like
INOX India powers Indian Railways’ LNG fuel trial for DEMU trains
INOXCVA has provided 2200 l LNG storage and regasification systems for integration into 1400 high-pressure dual power unit cars of dual-fuel diesel electric multiple unit trains to Indian Railways.
