Blog Post
Dominion Energy Closes Pivotal LNG Acquisition
info • Mar 30, 2020
Assumes operating ownership of JAX LNG
Last week Dominion Energy announced the company completed its acquisition of Pivotal LNG from Southern Company. Dominion Energy now assumes 100% ownership of Pivotal’s LNG facility in Trussville, Alabama and a 50% ownership of the JAX LNG facility in Jacksonville, Florida. NorthStar Midstream LLC owns the remaining 50% of JAX LNG.
JAX LNG is a small-scale LNG facility with the capability to load LNG into both marine vessels and trucks. Including Trussville, the two LNG facilities currently have the capacity to produce 180,000 gallons of LNG a day and to store 7 million gallons of LNG. The JAX LNG facility has the space to expand production capacity an additional 480,000 gallons per day to meet the growing demand for LNG.
“The acquisition of Pivotal LNG will play an important role in our broader strategy to help decarbonize the marine shipping industry,” said Roger Williams, Dominion Energy’s Vice President of Gas Development Services. “The acquisition of Pivotal and our existing Cove Point LNG facility in Maryland positions us well to lead the transformation of the marine industry and to serve other growing LNG markets along the east coast,”
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