Harvest Alaska and Chugach Electric Association announced plans to strengthen the South Center gas supply through the new development of the Kenai Peninsula LNG Terminal

Anchorage, AlaskaPresent February 6, 2025 / Prnewswire/ -Hute Harvest Alaska (Harvest) announced an agreement with the Marathon Petroleum Corporation (MPC) and the Chugach Electric Association (Chugach) to grant the energy supply of SouthCentral Alaska by recording and new development of the existing Kenai LNG terminal through harvest strengthen. Currently owned by a subsidiary of MPC. The project is intended to surround existing assets in order to enable the timely delivery of additional natural gas supply to the SouthCentral market by 2026, with extensive operations to begin in full in 2028.

As part of the proposal, the harvest would develop and operate the LNG terminal and the infrastructure – so that Chugach, MPC and all other customers from Railbelt can ensure additional natural gas supply to meet market demand.

The project uses the LNG export infrastructure of the MPC LNG export infrastructure to relieve the potential short-term lack of natural gas in Südzentralalaska. The system comprises the existing dock infrastructure, which in the past LNG ships up to 138,000 cubic meters (approx. 2.9 billion cubic feet natural gas) and on site with a storage capacity of 107,000 cubic meters (approx. 2.3 billion cubic foot natural gas) could to handle. . This infrastructure in combination with existing FERC registrations positions the facility to cover the short-term energy requirement, while long-term alternatives are developed.

“The harvest has a long history in which the critical oil and gas infrastructure is operated across the state, and this announcement promotes our commitment to guarantee Alaska Has the energy it needs, ” Harvest CEO Jason Rebrook said. “By reused the existing LNG facility of marathon, we would like to grant the SouthCentral Gasmarkt Security and at the same time do justice to the needs of Eisenbelt -supply companies in a timely and inexpensive manner.”

Chugach, which is in discussions with the harvest to use the Kenai LNG facility, emphasized the importance of this partnership for the energy requirements of families, companies, companies and interest payers.

“Our members to offer a safe, reliable and affordable electrical service is the core of our values ​​and our mission. We are pleased to have a potential solution to meet the gas requirements of our members and at the right time.” said Chugach CEO, Arthur Miller. “We checked for options to do that of ours March 31, 2028. This is a great opportunity to work with partners who have extensive experience and knowledge of gas operations Alaska. We look forward to ongoing discussions and analyzes with Harvest Alaska while driving the front-end engineering and design study in the next few months. “

MPC expressed strong support for the project and found the advantages that the region can offer.

“We believe that the Kenai LNG terminal offers the fastest and most cost-effective solution to bring additional natural gas to Südzentral-Alaska and beyond.” said Bruce JackmanVice President of the Kenai Raffinerie from MPC. “Our Kenai Refinery employees work around the clock to supply their petrol, diesel and jet fuel with alascians, and reliable supply of natural gas is crucial for the operations of the refinery. New natural gas bring to the region.”

You can find more information in contact:

About Chugach Electric Association:

Chugach is the largest electrical cooperative in members AlaskaOver 91,000 members at over 113,000 meters locations. The service area extends from Anchorage in the North Kenai peninsulawest to Tyonek and to the east too Whitter. Chugach was created as a Alaska Electrical cooperative in 1948, which was designed exclusively for its members.

For more information about Chugach, please contact Julie Hasquet:

E-mail: (E -mail protected)

Phone: (907) 717-9619

About Harvest Alaska:

harvest AlaskaA subsidiary of Harvest MidStream Company is a privately held Midstream Services provider based in Anchorage, Ak. harvest Alaska Pipeline systems are currently operating in Alaskas Cook Inlet and on the northern slope, including 49% participation in the Trans-Alaska Pipeline System (Taps) and the Alyeska Service Company. Harvest Midstream operates crude oil and earth gass collection, storage, transport, treatment and terminal assets over the lower 48 and Alaska. You can find more information at www.harvestmidstream.com.

For more information about the harvest, please contact:

E-mail: (E -mail protected)

Sourfish midstream