Skip to main content

Dominion Energy closes Pivotal LNG purchase

Published by
LNG Industry,


Dominion Energy has completed its acquisition of Pivotal LNG from Southern Company.

With completion of the transaction, Dominion Energy now assumes 100% ownership of Pivotal’s LNG facility in Trussville, Alabama and a 50% ownership of the JAX LNG facility in Jacksonville, Florida. NorthStar Midstream LLC owns the remaining 50% of JAX LNG.

JAX LNG is the first small scale LNG facility in the US with the capability to load LNG into both marine vessels and trucks. Including Trussville, the two LNG facilities currently have the capacity to produce 180 000 gpd of LNG and to store 7 million gal. of LNG. The JAX LNG facility has the space to expand production capacity an additional 480 000 gpd to meet the growing demand for LNG.

“The acquisition of Pivotal LNG will play an important role in our broader strategy to help decarbonise the marine shipping industry,” said Roger Williams, Dominion Energy’s Vice President of Gas Development Services. “The acquisition of Pivotal and our existing Cove Point LNG facility in Maryland positions us well to lead the transformation of the marine industry and to serve other growing LNG markets along the east coast,” Williams continued.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/30032020/dominion-energy-closes-pivotal-lng-purchase/

You might also like

Surface damage assessment modernised

A brand-new complete NDT software platform has just arrived on the market. Removing interpretation from the equation, Creaform’s VXintegrity is empowering NDT service companies to provide high-value services and industrial asset owners to make the best maintenance decisions. See how two companies reduced their costs and their inspection time.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG project news US LNG news Current LNG projects