Just what in the heck is that apparent shipping facility at Cove Point, just north of Solomons, Md.? Well, it turns out this seemingly sleepy terminal is the largest of only four liquified natural gas terminals in the entire nation. The reason ships rarely dock here is that Cove Point has been merely a regional-surplus storage facility for the past five years. Built in 1978, the depot was originally used to process imported liquified natural gas. But skyrocketing importation costs soon made this economically unfeasible. Now, a Texas company, Williams Cos., has bought Cove Point and plans on restoring the importation process there (as the economics have changed markedly). That could mean more shipping traffic to and from the site-and maybe even lower energy prices for natural gas users around the Chesapeake.
If you’re wondering what that strange something is off your port bow, let us know by mailing your query to: Channel Nine Editor, 1819 Bay Ridge Ave., Annapolis, MD 21403 or editor @cbmmag.net.