US authorities on Tuesday approved Houston-based ConocoPhillips to export liquefied natural gas (LNG) once again from its Kenai terminal in Alaska, according to Reuters.
ConocoPhillips, a multinational energy corporation, will be allowed to export about 40bn 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, on the Kenai peninsula, expired at the end of March 2013. It had mostly exported to Japan.
Now the Department of Energy’s decision will 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.
