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US Everett Marine LNG Terminal May Avoid Closure

LNG

The Everett Marine LNG terminal may be saved from closure as two regional utilities look for deal to source fuel for the plant, according to Bloomberg.

  • National Grid is requesting approval for a six-year deal with Constellation Energy, while Eversource Energy plans to submit a similar request.
  • The terminal is critical for demand balance in New England – an area lacking sufficient pipeline capacity from other US regions.
  • The terminal has been at risk of closure as its main customer, the Mystic power station, is set to close in May.
  • Constellation asked regulators to approve the dela by May. 1.
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