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Conoco wins US approval on Kenai LNG exports

US authorities have approved Houston-based ConocoPhillips to export LNG once again from its Kenai terminal in Alaska, according to a report from news agency Reuters.

ConocoPhillips will be allowed to export about 40 billion cubic feet of LNG over a two-year period, starting on February 19.

The company’s previous export licence for the Kenai plant in Nikiski, located on the Kenai peninsula, expired at the end of March 2013.

The project had mostly exported to Japan.

The US Department of Energy’s decision will now allow ConocoPhillips to export to any country with which the US has a free-trade agreement or with which trade is not banned under US law.

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