Dominion Cove Point LNG Export Project Garners Broad Support From Calvert County And Beyond

  Dominion Cove Point LNG Export Project Garners Broad Support From Calvert
                              County And Beyond

- About 20,000 favorable comments filed with Maryland Public Service
Commission

- Calvert County elected officials, business leaders and residents send
letters

- Building traders and others from across Maryland also send comments

PR Newswire

LUSBY, Md., April 2, 2014

LUSBY, Md., April 2, 2014 /PRNewswire/ --Calvert County elected officials,
business leaders and hundreds of residents have submitted strong letters of
support for the Dominion Cove Point natural gas export project with the
Maryland Public Service Commission.

Those comments were joined today by about 20,000 additional comments in
support of the $3.6-to-$3.8 billion liquefied natural gas (LNG) export project
submitted by members of the building trades, which has been unabashed in their
support of the project that would bring 3,000 construction jobs and millions
of dollars in economic benefit to the county.

"Our plan to invest further in Calvert County by adding an LNG export
operation within the footprint of our existing import facility has drawn
tremendous support from elected officials, business leaders and residents of
Calvert County, Southern Maryland and beyond," said Michael D. Frederick, vice
president-LNG Operations. "The supporters join us in recognizing the clear
public benefits the project brings to the region and the state."

Along with significant economic benefits, exporting liquefied natural gas from
Cove Point could have equally significant environmental benefits, Frederick
said.

"LNG exports from Cove Point can help avoid millions of tons of CO2 emissions
every year by replacing coal for generating electricity," he said. "The
facility will recycle heat from the liquefaction process to generate
electricity, thus avoiding as much as another 300,000 tons of CO2 equivalent
each year. Furthermore the Cove Point project will have one of the smallest
environmental footprints of all the LNG export projects proposed in the United
States and will be built within the confines of existing facilities. There is
no need to construct a new pipeline, storage tanks or a pier to load ships."

More than 400 Calvert County residents submitted individual letters of
support. Letters also came from the Calvert County Board of County
Commissioners, the Calvert County Chamber of Commerce, the Southern Maryland
Black Chamber of Commerce, the Calvert County Health Department, Leadership
Southern Maryland and the Patuxent Partnership.

Here are a few excerpts from the letters:

  oConstance Warren, Lusby
    "Making the Cove Point LNG terminal an export facility will do good things
    for Calvert County and the Southern Maryland region. The Cove Point
    facility has existed for the past 40 years and has been a great addition
    in the county. The county has made strides over the years, but can really
    be put on the map with the exports terminal. I support this project
    because of the jobs and revenue it will bring to the area."
  oDonald Sauls, Prince Frederick
    "President Obama and other progressive Democrats see projects such as
    Dominion Cove Point as essential in the fight against global warming and
    so do I. Mr. Obama has called out the importance of developing a strong
    global market for natural gas because he knows of the importance of
    shifting to cleaner fuels. Please stand with the President and our
    community by supporting the planned exports facility at the current Cove
    Point LNG imports facility."
  oMargaret Callahan, Solomons
    "The fact is Cove Point has been, and will be, crucial to our local
    economy and you have the power to ensure that this project moves forward.
    Please get behind Cove Point."
  oChris Moore, Realtor, member of the Calvert County Economic Development
    Council
    "In my opinion, this is an opportunity of historic proportions
    representing an investment in our area of up to $3.8 billion. Few areas in
    the United States, much less Maryland, have any prospects of landing an
    investment that large. This investment and all the new jobs it will
    produce will help my business grow and expand, along with many others in
    our region. But I am also excited the project will put Calvert County, and
    indeed the whole state, on the cutting edge of one of the biggest
    developments in the energy industry in this century."
  oDoris Cammack-Spencer, president/CEO, Southern Maryland Black Chamber of
    Commerce
    "As a Chamber of Commerce, the SMBCC considers the economic benefits of
    this project for our Members and the region, as a whole. This project
    will have very significant benefits during construction, including
    thousands of much needed, well-paying jobs throughout the region, to say
    nothing of the benefits to suppliers for the project and the wide range of
    businesses that will support the construction effort and the construction
    workers."

Dominion has asked the Maryland PSC for permission to build the power block
that is necessary to chill natural gas to its liquid form so that it can be
exported safely and economically. The commission heard testimony and witness
cross examinations for three days in February and hosted a one-day public
comment session in Calvert County in March. Its decision is expected by the
end of May.

Dominion also needs the permission of the Federal Energy Regulatory Commission
(FERC) to proceed to construction. The FERC has announced that it will issue
an environmental assessment of the project on May 15, which would start a
public comment period. Dominion gave the FERC notice of the project in June
2012 and has filed more than 21,000 pages of documentation in support of the
application.

Dominion (NYSE: D) is one of the nation's largest producers and transporters
of energy, with a portfolio of approximately 23,600 megawatts of generation,
10,900 miles of natural gas transmission, gathering and storage pipeline and
6,400 miles of electric transmission lines. Dominion operates one of the
nation's largest natural gas storage systems with 947 billion cubic feet of
storage capacity and serves retail energy customers in 10 states. For more
information about Dominion, visit the company's website at www.dom.com.

SOURCE Dominion

Website: http://www.dom.com
Contact: Karl Neddenien, (410) 286-5749, mobile (804) 317-5267
 
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