Conoco Phillips to revisit options for LNG plant

Associated PressOctober 26, 2011 

KENAI -- A Conoco Phillips spokeswoman says the company plans to move one last shipment from its Kenai liquefied natural gas plant before idling the plant in early November. The company, which recently bought Marathon Oil Corp.'s minority interest in the plant, has repeatedly extended operations at the facility. In February, officials said they planned to idle the plant after more than 40 years in operation, citing market changes. They said there was no longer a business case for continued exports. The wind-down was expected to take several months.

But the plant has continued to fill short-term contracts to Asia.

Conoco Phillips' spokeswoman Natalie Lowman said Wednesday that after the last shipment, the plant will be in preservation mode until spring, when officials plan to revisit their options for the facility.

Anchorage Daily News is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service