Located in Maryland in the US, the Cove Point Import regasification terminal is operated by Berkshire Hathaway Energy. The terminal started operations in 1978 and is owned by Dominion Energy, Berkshire Hathaway Energy, and others.
With a storage capacity of 0.31 million tons (Mt), the Cove Point Import terminal currently has a regasification capacity of 657bcf/annum (billion cubic feet), which is expected remain the same as 657bcf/annum by 2030.
About Berkshire Hathaway Energy
Berkshire Hathaway Energy Co (BHE), a subsidiary of Berkshire Hathaway Inc., generates, transmits, stores, distributes and supplies electricity. The company procures, transports, distributes and sells natural gas through its subsidiaries. It generates power through diversified energy sources such as natural gas, steam, hydroelectric, coal, wind, solar, geothermal, and nuclear. The company also provides traditional residential real estate brokerage services, and other integrated real estate services such as title and closing services; mortgage originations and mortgage banking; home warranties; property and casualty insurance; relocation services; and other home-related services. It supplies electricity and gas to residential, industrial and commercial customers in the Western and Midwestern the US, Canada and the UK. BHE is headquartered in Des Moines, Iowa, the US.
MethodologyInformation on the terminal is sourced from GlobalData’s LNG regasification database that provides detailed information on all active and upcoming, large – scale LNG regasification terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.