Conoco Says Alaska Gas Supply Not Enough for Exports
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ConocoPhillips may cease shipments of liquefied natural gas from the U.S.’s only export terminal in Alaska because of insufficient local supply.
The company, whose export license expires March 31, will apply for a renewal only if there is enough gas at its Kenai plant in south-central Alaska after meeting local demand, Amy Burnett, a company spokeswoman, said in an e-mail. The terminal is the only U.S. plant in operation that’s authorized to sell domestically produced fuel to countries with which the nation has no free trade agreement.