As urban Alaska’s electric utilities look to import natural gas to fill a looming supply gap, residents and businesses face a future surge in electricity and heating prices. Some of the price increase is unavoidable: Importing gas will require expensive infrastructure, and those construction costs will be paid by consumers. But observers of the state’s […]
Read MoreHarvest Midstream, a privately-held midstream service provider based in Houston, Texas, announced in a press release Tuesday, Nov. 11, their acquisition of the Kenai LNG facility in Nikiski. The terminal previously operated as an export facility, primarily shipping liquefied natural gas to Japan, until its closure in 2017. Harvest now intends to redevelop the site […]
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The largest gas company in Japan has signed a letter of intent signifying that it would buy up to 1 million tons of liquefied natural gas per year from the proposed trans-Alaska natural gas pipeline. The development moves the project closer to a financial finish line that would allow the borrowing needed to build the […]
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