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Dominion seeks exports of Marcellus Shale gas
|An energy company is seeking federal approval to allow exports of liquefied natural gas from the booming Appalachian drilling industry, saying that the nation's natural gas supply is outpacing demand.|
Richmond, Va.-based Dominion Resources Inc. announced last week that it has applied to the Department of Energy to allow 1 billion cubic feet per day to be exported through a terminal it owns in Maryland. The application, filed Sept. 1, seeks permission for the exports of liquefied natural gas to any country with which the United States does not prohibit trade, the company said.
The terminal, Dominion Cove Point on the Chesapeake Bay in Lusby, Md., is well-situated to export gas from the prolific Marcellus Shale and the promising Utica Shale formations, Dominion's chairman and CEO, Thomas Farrell II, said in a statement.
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