A U.S. subsidiary of Moscow-based OAO Gazprom, the world’s largest gas producer, won federal approval today to import liquefied natural gas into the U.S. Mid-Atlantic region.
The Federal Energy Regulatory Commission voted in favor of a deal between Gazprom Marketing & Trading USA Inc. and a U.S. affiliate of Oslo-based Statoil ASA to import the gas through Dominion Resources Inc.’s LNG terminal in Cove Point, Maryland. As much as 200 million cubic feet of gas a day would be imported under the Dec. 1 deal.
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