Energy

Andeavor acquires Kenai LNG facility from ConocoPhillips

Andeavor on Friday said it has acquired the Kenai liquefied natural gas facility from ConocoPhillips.

"This acquisition further strengthens our integrated value chain by optimizing our operations in Kenai and providing low-cost fuel for our refinery," the company said.

Andeavor operates a 62,700 barrel-per-day refinery in Alaska.

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