Dominion Resources Inc. won U.S. Energy Department approval to export liquefied natural gas from an existing import terminal in Maryland, the fourth such project authorized by the agency amid a natural-gas glut.
The project to modify the terminal, which may cost as much as $3.8 billion, was approved pending environmental reviews, according to a statement today. Richmond, Virginia-based Dominion closed at $58.62, up less than 1 percent in trading on the New York Stock Exchange.
