Visions - Spring 2015 - (Page 11)

Mr. Takeuchi (third from left) and other distinguished guests dig in at the groundbreaking ceremony. (India) Limited, one of the largest natural gas processing and distributing companies in India. "Sumitomo Corporation, through its fully owned subsidiary, Pacific Summit Energy LLC, has been engaged in natural gas trading and marketing business in the United States for more than 10 years," explains Kazutoshi Hayashi, Chairman and President of Pacific Summit Energy LLC."which, for sure, has enabled us to establish a natural gas and LNG value chain in the United States across natural gas upstream producers, through distribution and liquefaction, for LNG export to Japan." In September 2014, the U.S. Federal Energy Regulatory Commission gave Dominion Cove Point authorization to build the LNG export facility, one of the last and most contentious hurdles the project would have to receive before construction could begin. "Cove Point will supply critical American allies in India and Japan with much-needed natural gas that will help reduce global greenhouse gas emissions," said Thomas F Farrell II, Chairman of Dominion. . "Although the doubters said it could not be done, in late 2017 our liquefier will be online, and ships will begin receiving LNG for export." The project cost $3.4 - $3.8 billion and will also create thousands of skilled construction jobs, 75 permanent jobs and an additional $40 million in annual tax revenue to Calvert County. Construction-related activities started last October and operations are projected to begin in late 2017. From an environmental standpoint, LNG transported from Cove Point can reduce global greenhouse emissions by millions of tons a year by replacing coal as the fuel for electrical power generation. When completed in late 2017, Cove Point will produce about 5.25 million metric tons of LNG annually for the two customers. The LNG shipments from Cove Point are projected to reduce the U.S. trade imbalance by at least $2.8 billion annually, according to Dominion. S u m i t o m o C o r p o r a t i o n o f A m e r i c a s 11

Table of Contents for the Digital Edition of Visions - Spring 2015

Visions - Spring 2015

Visions - Spring 2015 - Contents (Page 1)
Visions - Spring 2015 - Contents (Page 2)
Visions - Spring 2015 - Contents (Page 3)
Visions - Spring 2015 - Contents (Page 4)
Visions - Spring 2015 - Contents (Page 5)
Visions - Spring 2015 - Contents (Page 6)
Visions - Spring 2015 - Contents (Page 7)
Visions - Spring 2015 - Contents (Page 8)
Visions - Spring 2015 - Contents (Page 9)
Visions - Spring 2015 - Contents (Page 10)
Visions - Spring 2015 - Contents (Page 11)
Visions - Spring 2015 - Contents (Page 12)
Visions - Spring 2015 - Contents (Page 13)
Visions - Spring 2015 - Contents (Page 14)
Visions - Spring 2015 - Contents (Page 15)
Visions - Spring 2015 - Contents (Page 16)
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring2020
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter2020
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall2019
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer2019
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring2019
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fallwinter2019
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer2018
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winterspring2018
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall2017
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer2017
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winterspring2017
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall16
https://www.nxtbook.com/nxtbooks/sumitomo/visions-springsummer16
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter16
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall15
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer15
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring15
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter15
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summerfall14
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer14
https://www.nxtbook.com/nxtbooks/sumitomo/globalsolutions2014
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter14
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall13
https://www.nxtbook.com/nxtbooks/sumitomo/visions-springsummer13
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter13
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall12
https://www.nxtbook.com/nxtbooks/sumitomo/visions-springsummer12
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter12
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall11
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer11
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring11
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter11
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall10
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer10
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winterspring10
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall09
https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer09
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring09
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter09
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall08
https://www.nxtbook.com/nxtbooks/sumitomo/visions-spring08
https://www.nxtbook.com/nxtbooks/sumitomo/visions-winter08
https://www.nxtbook.com/nxtbooks/sumitomo/visions-fall07
https://www.nxtbook.com/nxtbooks/sumitomo/vision-summer07
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