5 days ago · Harvest Alaska is acquiring the Kenai LNG Terminal, with the goal of repurposing the idled export assets into a facility to import liquified natural gas for the Southcentral energy market. In a joint announcement with Chugach Electric Association and Marathon Petroleum Corporation, the parent company of the terminal’s current owner, the first ...

2 days ago · The Kenai re-development project utilizes MPC's LNG export infrastructure to alleviate Southcentral Alaska’s short-term natural gas shortage. MPC’s infrastructure, combined with current approvals from the Federal Energy Regulatory Commission, allows the Kenai LNG facility to satisfy near-term energy needs while long-term alternatives are ...

Kenai LNG Terminal is located in Nikiski on the Kenai Peninsula in Alaska, and services the Kenai LNG Plant. The facility has been mothballed since 2017. A project to convert the export facility into an import facility has been proposed.

5 days ago · Harvest Alaska, which holds 49% ownership of the Trans-Alaska Pipeline System, announced Thursday that it has entered an agreement with Marathon Petroleum Corporation and Chugach Electric Association to acquire and redevelop the Kenai LNG Terminal to receive imported liquefied natural gas.

5 days ago · ANCHORAGE, Alaska, Feb. 6, 2025 /PRNewswire/ — Today, Harvest Alaska (Harvest), announced an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association (Chugach) to bolster Southcentral Alaska’s energy supplies through Harvest’s acquisition and re-development of the existing Kenai LNG Terminal, currently owned by a …

5 days ago · Harvest Alaska announced an agreement with Marathon Petroleum Corporation and Chugach Electric Association to enhance Southcentral Alaska’s energy supply through the acquisition and redevelopment of the Kenai LNG Terminal.

4 days ago · Kenai LNG includes a berth capable of handling 138,000-cu m LNG carriers and 107,000 cu m of on site storage (about 2.3 bcf of natural gas). Harvest will be conducting front-end engineering and ...

6 days ago · The Kenai LNG facility includes dock infrastructure capable of handling vessels carrying up to 2.9 billion cubic feet of natural gas and storage capacity for 2.3 billion cubic feet. Existing approvals from the Federal Energy Regulatory Commission (FERC) position the facility to address immediate energy needs while long-term solutions are developed.

“In light of natural gas producers’ projections for large natural gas shortfalls in the Cook Inlet region, our Kenai LNG facility could offer a cost-effective solution to supply long-term, affordable natural gas to the area and our Kenai refinery,” Heppner said.

5 days ago · "We believe the Kenai LNG terminal offers the quickest and lowest-cost solution to bring additional natural gas to Southcentral Alaska and beyond," said Bruce Jackman, Vice President of MPC's ...