ConocoPhillips to resume Kenai LNG export shipments

|About: ConocoPhillips (COP)|By:, SA News Editor

ConocoPhillips (COP +0.6%) says it will resume exports of liquefied natural gas from the Nikiski plant at Kenai, Alaska, after the plant had been closed for two years upon receiving authorization from the Department of Energy.

The orders from the government will allow the facility to ship 40B cubic feet of LNG over a two-year period.