Bloomberg News: Years Needed for LNG Exports to Blunt Russia Energy Sales
“Ukraine in 2012 consumed about 1.9 trillion cubic feet of natural gas, or a daily average of about 5.1 billion, according to the U.S. Energy Information Administration. The European Union consumed about 16.8 trillion cubic feet, an average of about 50 billion a day…. Dominion expects its Cove Point facility in Maryland, about 60 miles (97 kilometers) southeast of Washington, to complete the FERC review early this year. The project has contracts to deliver fuel to Japan and India, according to data from Poten & Partners Inc., a New York-based ship broker.”