Cove Point LNG undergoing scheduled maintenance

The Cove Point LNG facility in Maryland, operated by Berkshire Hathaway’s unit BHE GT&S, has started its annual maintenance.

BHE GT&S said in a notice on Wednesday that “the Cove Point liquefaction facility is undergoing its annual maintenance.”

“This maintenance only affects the export liquefaction facility and does not impact the provision of FERC jurisdictional services,” it said.

The Cove Point terminal operator did not reveal in the notice how long the maintenance would last.

A separate notice to customers suggest that the maintenance could last until September 29.

Last year, the plant’s maintenance took place from October 1 to October 28.

Berkshire Hathaway now has 75 percent stake in Cove Point LNG

Warren Buffett’s Berkshire Hathaway Energy recently completed the previously announced $3.3 billion deal with Dominion Energy, boosting its stake in the Cove Point LNG terminal.

Dominion sold its 50 percent noncontrolling limited partner interest in Cove Point LNG, to Berkshire Hathaway Energy, which operates the facility and owns a 100 percent general partner and 25 percent limited partner interest.

Berkshire Hathaway Energy, via BHE GT&S, now has a total ownership interest of 75 percent.

A subsidiary of Brookfield Infrastructure Partners holds the remaining 25 percent limited partnership interest in Cove Point LNG.

The plant has a storage capacity of 14.6 billion cubic feet and a daily sendout capacity of 1.8 bcf, or about 5.25 million tons of LNG per year coming from one liquefaction unit.

Last year, the Cove Point LNG plant shipped its 300th cargo since it started commercial liquefaction operations in April 2018.

The Cove Point facility produces LNG for ST Cove Point, a joint venture of Japan’s Sumitomo Corporation and Tokyo Gas, and for India’s Gail under 20-year contracts.

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