Cor blimey, guv!
"“We believe the Kenai LNG terminal offers the quickest and lowest-cost solution to bring additional natural gas to Southcentral Alaska and beyond,” says Bruce Jackman, Vice President of Marathon’s Kenai Refinery. “Our Kenai refinery employees work around the clock to provide gasoline, diesel, and jet fuel to their fellow Alaskans, and a reliable supply of natural gas is critical to the refinery’s operations"
Be careful. |
![](https://images.advfn.com/static/default-user.png) Cor blimey, guv!
Energy Hilcorp affiliate and Chugach Electric announce proposal to convert facility in Nikiski for LNG imports By Sean Maguire Updated: 6 minutes ago Published: 43 minutes ago
The shuttered Kenai LNG plant in Nikiski. (Loren Holmes / ADN file) Harvest Alaska, an affiliate of Hilcorp Alaska, announced Thursday that it is proposing to acquire and convert a shuttered natural gas export facility in Nikiski to start receiving imported gas.
The imported gas could start being received at the Kenai Peninsula facility as early as 2026, according to Harvest Alaska.
Chugach Electric Association — the state’s largest electric utility — said it is in talks for the potential purchase of imported gas from the Nikiski plant.
Southcentral Alaska utilities and cities are scrambling to plan for an anticipated shortfall of gas from Cook Inlet, which has supplied the region for decades. Railbelt utilities have gas contracts with Hilcorp expiring over the next few years, and Hilcorp, the region’s largest gas producer, has warned it cannot meet upcoming demand beyond those contracts based on production from the Inlet.
Last year, Chugach Electric warned that imported gas could see power prices rise by roughly 10%.
Under the proposal announced Thursday, the other four Railbelt utilities could secure gas supplies from the Nikiski plant.
The Nikiski LNG plant operated for over 40 years and was mothballed in 2011.
Marathon Petroleum acquired the plant from ConocoPhillips Alaska in 2018, and then announced plans to convert the facility for exports.
Enstar — Southcentral Alaska’s natural gas utility — last month announced its own plans to construct an imported gas facility. The utility told state regulators earlier in the week that it had signed an exclusivity agreement with Glenfarne — a New-York based company — to advance those plans.
This is a developing story. Check back for updates.
Correction: An earlier version of this article incorrectly said Chugach Electric Association had already agreed to purchase gas from the import facility.
Imported LNG is necessary.
It matches up to any such gas from a $44 billion Alaska pipeline.
It gets first mover status.
And will compete with any pipeline, making the pipeline gas more uneconomic.
There's not a big enough market in Alaska for imported LNG and gas pipeline gas and Cook Inlet gas.
Note Glenfarne involved.
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I fear that you miss the point that new potential investors will only have access to this thread and not to the Masonic guild whose members only seem to appear here when things are going well. Thank Flight for the Discord channel and the several non guild members that I know of ( since 2016) who are happy to share their knowledge openly |
Cor blimey,guv!
You're getting very defensive about the Alaska gas pipeline.
What is your connection?
I do know where Alaska is, I think.
After my geography knowledge what is left to attack?
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Sorry, do you realise where Alaska is and do you think the US aren't already supplying Japan with LNG?Keep helping |
Post deleted. Not required. |
My understanding is Qatar does not allow resell. As for the lower 48, the IER points to ALaska LNG being more competitive with US already ~10% cheaper than Australian sources.https://english.kyodonews.net/news/2025/02/8126fca86e59-japan-pm-to-pledge-more-lng-imports-from-us-in-talks-with-trump.htmlKeep helping |
Cor blimey, guv!
"numbers are not his thing"
The numbers in your bank account are not your big thing since your buys at 140p, 102p and 75p went belly up three years ago.
Hee-haw! Hee-haw!
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Don't hold your breath numbers are not his thing once the fingers and toes are used up it tends to go awry. |
More unsupported tosh from Helpfull. Still await his fully costed review of the pipeline and how it differs from the independent experts who reviewed Alaska LNG competitivenesshTTps://agdc.us/wp-content/uploads/2022/01/WM_Alaska-LNG-Competitiveness-Analysis_FINAL_20JAN2022.pdfKeep helping! |
Cor blimey, guv!
Mental Mike290 has no relevance.
He is one of the downfalls of care in the community.
Caught out changing your posts.
Liar!
Fraudster!
Embarassment!
Forever shamed.
Be careful. |
Cor blimey, guv!
There are alternatives for Japan and the rest of Asia.
Qatar.
Canada.
And the Lower 48 where there is no need for an expensive 800 mile pipeline through Alaska.
Trump is shooting off in all directions.
His threats will quickly become impotent.
Be careful. |
There we go. Another dozen or so lines of Pantheon-bashing nonsense from Helpfull.🙂
As always, churned-out quickly just to bury others' comments.
Truly pathetic (as Rabito79 puts it) |