Get Contact Information on the World's Most Influential Decision Makers. Kenai LNG was the first LNG plant ever to employ the ConocoPhillips’s two-trains-in-one design LNG Liquefaction technology. Donate $100 today. %%EOF Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. 1,2,3; Kenai LNG was initially owned by ConocoPhillips (70%) and Marathon Petroleum (60%). USA : 1321 Upland Dr. #4185 Houston Tx 77043 USA Call : +1-281-936 -9525 Email : [email protected], India Registered Office: S-120, Greater Kailash Part II, New Delhi 110 048, India Office: P-20 Green Park Extension New Delhi 110016 Call: +91 9810044845 Email : [email protected], From LNG Mega-trains to mid-sized modular units: An exploration of the investment risks in today’s LNG export terminals, ConocoPhillips Purchases Marathon’s Stake in Kenai LNG, Celebration of 1,000th cargo of LNG from Alaska to Japan, A Short History of LNG Shipping: 1959-2009, The Phillips Optimized Cascade LNG Process – A Quarter Century Of Improvements, Conoco To Stop LNG Exports From Kenai Plant In Alaska, Kenai Liquefied Natural Gas Plant and North Cook Inlet Gas Field, Alaska, ConocoPhillips files for renewal of Kenai LNG export licence, U.S. reauthorizes ConocoPhillips LNG exports from Alaska, ConocoPhillips moves toward shutting down Kenai LNG facility that once blazed trail, ConocoPhillips Selling LNG Plant in Kenai, AK, ConocoPhillips sold LNG plant for $10M ‘bargain price,’ borough mayor says, Done Deal: Marathon & Andeavor Close on $23.3B Merger, CoP Optimized Cascade Liquefaction® Process. ConocoPhillips supports social services, education, civic, arts, environmental and health and safety initiatives statewide. The company invests in educational, cultural and youth programs such as Ilisagvik College in Barrow, the Northwest Arctic Borough Magnet School, and the Alaska Native Science and Engineering Program at the University of Alaska. Phillips Petroleum Company developed the original Optimized Cascade LNG process for this project. ‘ConocoPhillips Purchases Marathon’s Stake in Kenai LNG’, LNG World News Website, 13 October 2011 5. Farris K. ‘Kenai Industry Outlook Forum’, ConocoPhillips Website, January 2014 11. G.N. Bill Walker has pinned his legacy on building the largest infrastructure project in North American history, the AK-LNG project, Andeavor has quietly done what the private sector does best: optimize. In effect, FERC gave it a classroom grade of “Incomplete”. That market has grown exponentially in recent years with the emergence of a gas glut in the Pacific Basin. ,��LhkђLXG4�64�$X�WT�2)�C�A�;�I#)7��4�Ik$Z�I�ȒLA�hA�J��M�]Ze��.��O��@V`ZJ����V�`�Qռ�j����Mh�º�0cյ�X�}nj�~�gVҘE`�`AGVC�o�D�ӛl�(K���x>ϳū���6�>��F���ueF�,���ٗ��i����`1�.� �����`<8��o�r��^�_�>�Sz�*:�~�c?�E�c����}����M6ˡ�*�h�G?x���/n�i1�ß������>�ADÿ��'W�W��h��e��9�AEYQlW It used to purchase reserves through its Volumetric Production Payments (VPP) program. The company pledges its commitment to minimizing the environmental impact of their operations in Alaska and securing a stable and healthy environment for tomorrow. This web site is not endorsed by, directly affiliated with, maintained, authorized, or Harness the power of your relationships with RelSci Pro, the powerful platform for identifying relationship-driven business opportunities and connections that can propel your career forward. In addition, the raw gas was non-corrosive, extremely low in sulfur and almost purely methane. Kenai LNG was initially owned by ConocoPhillips (70%) and Marathon Petroleum (60%). Kenai LNG Corp.ConocoPhillips Alaska, Inc. Vice President-External Affairs at ConocoPhillips Alaska, Inc. Director & Vice President at Kenai LNG Corp. Former President & Chief Executive Officer at KCS Energy, Inc. Former Chief Operating Officer at Petrohawk Energy Corp. Chairman & President at O'Bryan Glass Corp. Vice President & Treasurer at Phillips Petroleum International Investment Co. LLC, President at Phillips Petroleum International Investment Co. LLC. Jeb Bush and returning to Alaska to serve as speechwriter for Gov. Phillips Petroleum Co. was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. Gov. The Kenai LNG plant began operations in 1969 but has been in “warm shutdown” mode since 2015. Thank you, Ms. The legacy company kept its name, and spun off the midstream and downstream portions of its business.The new company, which owns the refinery, chemical and pipeline assets of the former ConocoPhillips, is named Phillips 66. The aging plant was eventually sold for a bargain price of $10 million to Texas-based oil company, Andeavor in February 2018. There is the up front cost and there is the unreliability of any subsidy for the long term. The additional capacity was achieved through equipment upgrades in mid-1970s and a debottlenecking program in early 1990’s. We defeated Andeavor’s giant oil train terminal in Vancouver WA. The removed pumps will be replaced with one circulation pump, one LNG charge pump, and one empty suction can. AK0001155 – Kenai LNG, LLC, Kenai LNG Plant Page 6 of 56 1.0 INTRODUCTION 1.1 Applicant This fact sheet provides information on the reissuance of the Alaska Pollutant Discharge Elimination System (APDES) permit for the following entity: Owner: Kenai Liquefied Natural Gas (LNG), LLC A subsidiary of Marathon Petroleum Corp. (Marathon) U.S. Federal Reserve Cuts Interest Rate by Half-Percentage Point Amid Coronaviru... Israeli exit polls: Netanyahu ahead, but short of majority. ) >` ˔�� ‘ConocoPhillips files for renewal of Kenai LNG export licence’, LNG World News Website, 9 October 2015 15. Presence of Jim Bowles's profile does not indicate a business or promotional relationship of New York, NY 10001. The governor and AGDC President Keith Meyer have been conspicuously silent since receiving the letter from FERC. Message us to contribute content to this page or highlight an error. Last month, Andeavor (the company formerly known as Tesoro) purchased the Kenai Liquefied Natural Gas facility from ConocoPhillips. “The State needs to ensure completion of a large volume gas line to tidewater at Cook Inlet for shipment of LNG to Asia. Andeavor said it would strengthen the “integrated value chain” and “provide low-cost fuel for our refinery to produce the fuels that consumers in Alaska need to keep their lives moving.”. The LNG spot market started originally in the late 1990s as new projects came online and old contracts expired. In 1967, an LNG sales agreement was signed by Phillips and Marathon as sellers and Tokyo Gas Company Ltd. and the Tokyo Electric Power Company Inc. as buyers. The historical SPA opened the way for construction of the Kenai LNG Plant in Nikiski, on the Kenai Peninsula, some 60 air miles from Anchorage. The cargo jet refueling capacity at Ted Stevens represents a major part of the Alaska economy that must remain competitive, and Andeavor is likely aware that it needs to be nimble with its jet fuel prices, or air carriers will look elsewhere. sponsored by Jim Bowles. )R�J[��d���F J�m��{��#�I���Mdϵ��sϜ�*x�8S�+&�@C3� �IаL��cAQ��X� �� any kind between RelSci and Kenai LNG Corp.. © 2020 Relationship Science LLC. The original 15 year contract provisioned a 5 year extension period. Expand your fundraising pool and make warm introductions to potential new business connections. At a time when Gov. Browse in-depth profiles on 12 million influential people and organizations. This helps me know how to vote on one ARP candidate this weekend. In 1964, Algeria became the first country in the world to commercially export LNG. That 1.5 million m/t of gas can be used to operate Andeavor’s refinery, which produces 62,700 barrels of product a day — jet fuel, diesel, gas, butane, and propane, for example.
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