LNG plant’s last scheduled shipment - March 27, 2011

Providing coverage of Alaska and northern Canada's oil and gas industryMarch 2011

Vol. 16, No. 13

Week of March 27, 2011

LNG plant’s last scheduled shipment

An Alaska plant plans to send its last scheduled shipment of liquefied natural gas to Japan in March.

The Kenai plant, owned by ConocoPhillips and Marathon Oil Corp., is closing after more than 40 years in operation. The companies, in announcing the decision in February, cited market conditions. Exports from the plant began in 1969 and all exported liquefied natural gas, or LNG, went to Japan.

ConocoPhillips spokeswoman Natalie Lowman says the nuclear crisis in Japan, following the massive earthquake and tsunami earlier in March, hasn’t changed plans to shutter the Kenai plant.

She says the plant did not provide a large percentage of Japan’s total LNG needs. But she says ConocoPhillips is willing to help make gas available to Japan, if needed to meet energy needs, on a temporary basis.

—The Associated Press

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