Project Profile
Estimated value: US$65 million
Location: Nikiski, Kenai Peninsula
Annual capacity: 20 bcf
Start-up Year: 1969
The Kenai LNG Plant is located in Nikiski, on the Kenai Peninsula, approximately 60 air miles from Anchorage and 10 miles from the city of Kenai. The Kenai Liquefied Natural Gas (LNG) Plant began operating in 1969, and for more than 40 years has been the only LNG export plant of domestic production in the United States. The estimated value of the LNG plant is US$65.
The Kenai LNG Plant complex includes docking and loading facilities to transport LNG, which is carried to customers by tanker. Owned by Conoco Phillips, the plant is currently the only commercial exporter of LNG from the United States and has shipped the product primarily to Japan – more than 1,300 loads – safely for the past four-plus decades.
In 2011 ConocoPhillips decided to cease LNG exports from Kenai and preserve the plant for potential future use. Due to a change in market conditions, the plant resumed making LNG in early 2012 and exported four cargoes to Asian customers over the course of the year. The export license for the plant expired March 31, 2013 and the plant was in stand-by for more than a year as future plans were assessed. With support from many local stakeholders, and in consideration of a request from the State of Alaska, in December 2013 ConocoPhillips Alaska (COPA) submitted an application to the U.S. Department of Energy to resume exports of LNG from the Kenai Facility. That request was granted in April, 2014. ConocoPhillips received authorization to export a total of 40 BCF of liquefied natural gas over a two-year period from 2014 through 2016.
Operator:
ConocoPhillips: 100% interest
Updated by ND.