Further Details Released on Alaska LNG Agreement

Posted on Jan 16, 2008 in E&P, Liquefaction, State and Local Issues | Comments Off

The Anchorage Daily News offers additional details on the agreement between Gov. Sarah Palin (R-Alaska) and the owners of the Kenai LNG liquefaction plant, ConocoPhillips and Marathon Oil. The Daily News reports that the agreement includes commitments to develop natural gas reserves and opportunities for third parties to sell natural gas to the plant, in exchange for the state’s support of the firms’ application to extend their LNG export license. Marathon also agreed to drill five new gas wells over the next year in an effort to provide additional supply to the facility.

Comments are closed.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed, affiliated and member firms (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the member firms or their controlled, managed or affiliated entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.
ATTORNEY ADVERTISING - Prior results do not guarantee a similar outcome.
Unless otherwise indicated, attorneys at Eversheds Sutherland (US) LLP are not certified by the Texas Board of Legal Specialization.

Further Details Released on Alaska LNG Agreement

Popular Posts

Hot Topics