ConocoPhillips LNG Plant Continues Exports to Asia

ConocoPhillips has resumed export of liquefied natural gas to Asia from its plant in south-central Alaska, though the plant's future remains unclear.

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by Becky Bohrer, Associated Press

ConocoPhillips has resumed export of liquefied natural gas to Asia from its plant in south-central Alaska, though the plant's future remains unclear.

Last year, ConocoPhillips and then-partner Marathon Oil Corp.
announced plans to close the Kenai plant, citing market changes. A
month after the announcement an earthquake and tsunami devastated

Japan, a tragedy that also created a market opportunity.

ConocoPhillips spokeswoman Natalie Lowman says the company wound up picking up six cargo shipments. After the plant was mothballed for much of the winter, liquefied natural gas production resumed earlier this year.

Lowman expects four to five cargo shipments this year. She
declined to name the customers. The first shipment went out last
month.

She says ConocoPhillips is making plans through the year, and
then will again evaluate the plant's future.

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