ConocoPhillips (COP) Will Sell Its Kenai (Alaska) LNG Export Terminal -- November 18, 2016
From SeekingAlpha:
ConocoPhillips says it is in the process of selling its Kenai liquefied natural gas export terminal in Alaska, and will open a "data room" associated with the sale in January
COP
says its current focus is on North Slope operations; COP has a nearly
$1B capital budget for Alaska in 2016, and has accepted delivery of two
new drilling rigs this year
COP says it
has not exported any gas so far in 2016 because of market conditions,
but the Kenai plant remains operational and ready to resume exports
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