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.

Tools

by Becky Bohrer, Associated Press

Story Created: Jun 13, 2012 at 4:29 PM AKDT

Story Updated: Jun 13, 2012 at 4:29 PM AKDT

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.

Add a comment

Name:

Comment: 1000 Characters Left

Coastal Television | AK News, Weather and Sports | and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Poll

Should there be more safety precautions in place during Arctic Man?

  • Yes
  • No

Tonight on Your Alaska Link