Harvest Alaska acquires Kenai LNG terminal Photo Courtesy Marathon
ing Chugach, Marathon Petroleum Co. and other railbelt (regional) custom- ers to secure additional natural gas supplies to help meet the market de- mand,” Harvest officials said. Chugach and other regional electric utilities depend on natural gas to fuel much of their power generation. En- star Natural Gas Co., the regional gas utility, also needs gas for heating of businesses and residential homes in Southcentral Alaska. CONTINUED on PAGE 20
structure were formerly owned by ConocoPhillips as part of an LNG ex- port facility that operated for years but closed in 2016. The announcement was made jointly with Chugach Electric Asso- ciation, the state’s largest utility, as part of a plan to use the Marathon fa- cility for imports of LNG to augment declining natural gas production from fields in Cook Inlet. “Under the proposal Harvest would own, develop and operate the LNG terminal and infrastructure, allow-
Former Marathon facility to be used to import LNG Harvest Alaska, an affiliate of Hil- corp Energy, in February announced the acquisition of a mothballed LNG terminal owned by Marathon Petro- leum at Nikiski, on the Kenai Penin- sula south of Anchorage. The terminal and related infra-
THE LINK: MARCH 2025
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