Andeavor buys Kenai LNG Facility

This Feb. 2, 2008 file photo shows the ConocoPhillips LNG facility in Nikiski. (Clarion file photo)

This Feb. 2, 2008 file photo shows the ConocoPhillips LNG facility in Nikiski. (Clarion file photo)

Andeavor has acquired the Kenai Liquefied Natural Gas facility, located in Nikiski, from ConocoPhillips.

The company announced Thursday the LNG facility will be a natural extension of its Alaska operations.

“This acquisition further strengthens our integrated value chain by optimizing our operations in Kenai and providing low-cost fuel for our refinery to produce the fuels that consumers in Alaska need to keep their lives moving,” Scott LaBelle, Andeavor Media Relations, said in an email to the Clarion.

ConocoPhillips began looking for a buyer for the Kenai LNG plant in November 2016. The company in July said it was scaling back operations until it had found one.

The Kenai facility’s last export was in the fall of 2015.

Andeavor says it will work to integrate current employees and operations into the Kenai Refinery facility.

The LNG plant includes a dock and loading facility. It was the only export facility of domestic liquefied natural gas in North America for nearly 50 years.

Selling the LNG plant pretty much completes ConocoPhillips’ exit from the Cook Inlet gas market. Early in 2016 the company sold off its last stake in Inlet gas reserves when it sold its one-third share of the longstanding Beluga River gas field to Anchorage utilities for $152 million.

— Staff and wire reports

More in News

A promotional graphic for Zach’s Fight (Facebook)
Zach’s Fight fundraiser to benefit Kenai athlete during Tuesday basketball

A fundraiser will be held for a sophomore diagnosed with leukemia.

The deadline for the Alaska Permanent Fund Dividend, which comes from the fund managed by the Alaska Permanent Fund Corporation, is coming up fast, landing on March 31, 2023. (Michael S. Lockett / Juneau Empire)
2023 PFD filing available, ends March 31

Applications can be filed online through myAlaska, or by visiting pfd.alaska.gov

Seward Middle School students ride the chair lift at Alyeska Resort in Girdwood, Alaska, on Jan. 26, 2023. (Photo courtesy Myla Lijemark)
Hitting the slopes

Seward Middle School students get outside and onto the side of a mountain

Kachemak Emergency Services logo.
Lawsuit: Borough retaliated against harassment complaint

The suit says the borough violated the “covenant of good faith and fair dealing” and caused “severe emotional distress”

Flowers bloom at Soldotna City Hall on Wednesday, June 24, 2021, in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Soldotna OKs bumps to city water, sewer rates

The changes are effective July 1

Triumvirate Theatre President Joe Rizzo testifies before the Kenai Planning & Zoning Commission on Wednesday, Jan. 25, 2023, in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Kenai OKs permit for new Triumvirate playhouse

The playhouse design describes a $4.7 million facility that is two stories with an audience capacity of 150 people

Kenai City Council member Alex Douthit testifies in support of legislation allowing chickens on some city lots during a meeting of the Kenai Planning & Zoning Commission on Wednesday, Jan. 25, 2023, in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Kenai planning group gives conditional thumbs-up to chicken ordinance

The legislation would allow Kenai residents to keep up to 12 chicken hens on certain lots

Most Read