Conoco Phillips LNG Plant, Shut Down Less than a Month Ago, Will Start Up Again Next Month

Less than a month after it began shutting down, the Nikiski Liquified Natural Gas plant Conoco-Phillips has some more business. Details are being kept confidential but basically the company is buying gas from a producing well complex in Kenai owned by Buccaneer Energy.  Bucaneer is supposed to sell gas to Enstar, but that transaction is waiting for a storage facility to be put into operation.  Conoco-Phillips now says it will ship more gas from the plant next year, but so far has not said if it will seek to renew its export license, which is currently extended until the end of next year.  The plant is 42 years old and 40 to 50 people remained working there when it was mothballed last month.

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