US OKs more Kenai LNG exports

More exports: Loading at Kenai LNG

The US Department of Energy has approved ConocoPhillips' request to export 40 billion cubic feet of liquefied natural gas from its Kenai terminal in Alaska over a two-year period.

The volumes translate to about .055 Bcf per day.

The approval goes into effect 19 February and covers exports to countries with which the US does and does not have free trade agreeements.

It extends ConocoPhillips' previous permit to export 40 Bcf from the facility over two years, which was granted in April 2014.

The Kenai facility has been in operation since 1969, and its LNG is sourced from Alaska's Cook Inlet. Most of its cargoes have been shipped to Japan.

The US expects to see its first exports from the Lower 48 States in the coming weeks with the first shipments to be loaded at Cheniere's Sabine Pass facility in Louisiana.

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