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ConocoPhillips to resume Kenai LNG shipments

By Associated Press 10:13 AM April 14, 2014
NIKISKI, Alaska (AP) –

ConocoPhillips says it will resume exports of liquefied natural gas from a Kenai Peninsula facility.

The company in a Monday release says it has received authorization from the U.S. Department of Energy to export LNG from the Nikiski plant to Free Trade Agreement and non-agreement countries for two years.

ConocoPhillips says it plans to resume exports this spring. The company had previously said it would consider exporting again from Cook Inlet if there was enough natural gas for Southcentral Alaska utilities.

Last year, the utilities signed agreements securing their supply of gas through early 2018.

The Nikiski LNG plant was closed two years ago. The orders from the government will allow it to ship 40 billion cubic feet of LNG over a two-year period.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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