Top news of the week October 21-26

Dominion Energy sells 25 percent stake in Cove Point

U.S. LNG operator Dominion Energy has entered into an agreement with Brookfield Super-Core Infrastructure Partners to sell a 25 percent non-controlling equity interest in Cove Point to Brookfield for just over $2 billion.

FERC grants permit for Cameron LNG Train 2 commissioning start

The United States Federal Energy Regulatory Commission (FERC) granted Sempra Energy to start the commissioning process of the second liquefaction train at the Cameron LNG plant in Hackberry, Louisiana.

GATE LNG terminal’s nine-month throughput rises

Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal have gone up in the first nine months of the year as European consumption of gas produced in the Atlantic region jumped.

Mubadala makes $50 mln buy in NextDecade

US LNG export project developer NextDecade Corporation and Mubadala Investment Company, have reached an agreement for Mubadala to purchase $50 million of NextDecade’s common stock in a private placement.

Golar Power wins Brazilian LNG-to-power project deal

Golar LNG said that Golar Power, a (50/50) joint venture with Stonepeak Infrastructure Partners, has been awarded a 25-year power purchase agreement (PPA) for the construction of a 605MW combined cycle thermal power plant in Brazil.

LNG World News Staff