NEWS BULLETIN March 06, 2009 --- Vol. 15, No. 23 March 2009 BP earned $2 billion in Alaska last year, paid $3 billion-plus in taxes The first LNG vessel to pick up a cargo of liquefied natural gas from ConocoPhillips' LNG facility on Alaska's Kenai Peninsula since the re-opening of the facility has arrived at the dock in Nikiski, ConocoPhillips spokeswoman Amy Burnett has told Petroleum News. The vessel, called the Excel, will carry the first of six cargoes to be exported from Nikiski to Japan this year, Burnett said. In 2013 ConocoPhillips mothballed the facility because of uncertainties over gas supplies from the Cook Inlet basin. However, a resurgence of the Cook Inlet gas industry has encouraged the company to restart the plant. On April 14 the U.S. Department of Energy issued a new export license, giving permission for the export of up to 40 billion cubic feet of gas per year through the plant to non-free-trade-agreement countries such as Japan. - Alan Bailey See stories in May 11 issue, available online at 11 a.m., Friday, May 9 at www.PetroleumNews.com NEWS BULLETIN March 02, 2009 --- Vol. 15, No. 22 March 2009 Juneau’s Elton named to Interior post in D.C. Print this story Petroleum News - Phone: 1-907 522-9469 [email protected] --- https://www.PetroleumNews.com S U B S C R I B E CLICK BELOW FOR A MESSAGE FROM OUR ADVERTISERS.

ConocoPhillips has earnings of $598M in Alaska in 1Q

LNG carrier arrives at Nikiski facility

The first LNG vessel to pick up a cargo of liquefied natural gas from ConocoPhillips' LNG facility on Alaska's Kenai Peninsula since the re-opening of the facility has arrived at the dock in Nikiski, ConocoPhillips spokeswoman Amy Burnett has told Petroleum News. The vessel, called the Excel, will carry the first of six cargoes to be exported from Nikiski to Japan this year, Burnett said.

In 2013 ConocoPhillips mothballed the facility because of uncertainties over gas supplies from the Cook Inlet basin. However, a resurgence of the Cook Inlet gas industry has encouraged the company to restart the plant. On April 14 the U.S. Department of Energy issued a new export license, giving permission for the export of up to 40 billion cubic feet of gas per year through the plant to non-free-trade-agreement countries such as Japan.

- Alan Bailey

See stories in May 11 issue, available online at 11 a.m., Friday, May 9 at www.PetroleumNews.com