ConocoPhillips won’t apply for new LNG export licence 

By Tim Bradner | Alaska Journal of Commerce: ConocoPhillips Alaska Inc. says it will not extend the federal export license for its Kenai natural gas liquefaction plant when the license expires March 31.

However, the plant will be maintained in a standby mode to be available if opportunities develop, company spokeswoman Amy Burnett said in a statement issued March 4.

“The plant is currently operational, in a stand-by mode, maximizing our flexibility as we determine the long-term future of the facility,” Burnett said. “ConocoPhillips will consider pursuing a new export authorization only if local gas needs are met and there is sufficient gas for export.

“Right now, we unaware of sufficient gas supply to support exports. We still have the flexibility to resume operations and apply for a new export authorization if gas becomes available. Plans will depend primarily on gas availability, local gas needs, various regulatory decisions and market conditions.”

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