Platts has reported that Andeavor has acquired the closed down ConocoPhillips’ Kenai LNG plant in Alaska.
A company spokesman, Scott LaBelle said: “This acquisition further strengthens our integrated value chain by optimizing our operations in Kenai and providing low-cost fuel for our refinery to produce fuels.” He was not able to confirm if the site would resuming LNG exports saying: “We are still considering our options.”
A ConocoPhillips spokesperson said the sale closed and operatorship was transferred to Andeavor at the end of January. “A total of about a dozen ConocoPhillips employees and about 15 contract workers were affected by the transaction,” they added.
The plant was built by Phillips Petroleum and Marathon Oil in 1969.
For more information visit www.andeavor.com
8th Feb 2018