The proposed terminal would have stored up to 450,000 cubic meters of LNG equivalent to 9.2 billion cubic feet (Bcf) of gas, vaporized LNG into natural gas and sent it out through connecting pipelines at a baseload rate of 1.2 Bcf, enough natural gas to supply the daily needs of about five million homes. The Crown Landing LNG terminal would have brought in a new supply of natural gas, approximately 15 percent of then-current demand for natural gas in the Mid-Atlantic region. Once on-line its proponents advocated it would have had a stabilizing effect on natural gas prices in the region by providing additional natural gas more reliably than distant suppliers as far away as the Gulf of Mexico. [https://web.archive.org/web/20061211031508/http://www.bpcrownlanding.com/go/doc/569/88022/] The advent of massive domestic natural gas production proved against those assertions, resulting in the company withdrawing the project.