By Michael Sanserino
As the Federal Energy Regulatory Commission decides whether to approve Dominion Resources’ plan to convert a liquefied natural gas import facility in Lusby, Md., to an export facility, other LNG export projects are already underway and still more are lining up for permission to start work.
FERC last month authorized the construction of an LNG export terminal in Hackberry, La., which is only the second such project to be approved by the commission in the lower 48 states. Cameron LNG, a subsidiary of San Diego-based Sempra Energy, will spend between $9 billion and $10 billion to convert its existing import terminal.
The Cameron project is expected to be fully operational by 2019.
It and the Sabine Pass LNG plant are the only two export proposals to receive FERC authorization. Houston-based Cheniere Energy’s Sabine Pass project received approval in April 2012 to make the switch. The $12 billion project is under construction and the first phase could be completed by next year.
Dominion’s Cove Point project could become the third export plan approved by FERC, and the closest to the Marcellus Shale region that covers much of Pennsylvania.