Marathon Seeks More Time to Build LNG Import Project in Alaska

Marathon Petroleum’s Trans-Foreland Pipeline unit said it has yet to make a final investment decision to build the Kenai LNG export project in Alaska because of the COVID-19 pandemic and the war in Ukraine.

Reuters

Marathon Petroleum Corp.’s Trans-Foreland Pipeline Co. unit wants more time to convert the Kenai LNG export plant in Alaska into an import terminal, U.S. energy regulators said on July 11.

A Federal Energy Regulatory Commission (FERC) notice said that Trans-Foreland last week sought an extension until December 2025 to complete the facility.

FERC approved Trans-Foreland’s request to build the plant in December 2020 and gave the company until December 2022 to place it into service.

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