Published: December 15th, 2011 10:55 PM
Last Modified: December 15th, 2011 10:55 PM
NIKISKI -- A liquefied natural gas plant mothballed last month on the Kenai Peninsula will be operating again sometime next year.
KTUU reports Conoco Phillips will resume operations at its plant in Nikiski.
Behind the decision were new gas contracts and the leasing of an LNG tanker for additional deliveries to Asia.
Exports from the plant, located at Nikiski, began in 1969. Officials have said all exported liquefied natural gas, or LNG, went to Japan.
At the peak, about 64 billion cubic feet a year was exported. But volumes were falling, leading the company to suspend operations in November.
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