This week ConocoPhillips purchased Marathon's share of the Kenai LNG plant (LINK) and the Kitimat B.C. LNG project received an export license (LINK). The Kenai plant is scheduled to be mothballed and may be converted to and IMPORT terminal.
Sunday, October 16, 2011
Neither of these news items are new or shocking, but the stories illustrate Alaska's ongoing failure to compete in gas markets. One upside, maybe someday Kitimat will export LNG to the Kenai terminal.