ConocoPhillips unit seeks LNG export permit from Alaska

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

ConocoPhillips (COP) is seeking authorization to export as much as 40B cfe of liquefied natural gas over a two-year period from Alaska to countries without free trade agreements with the U.S.

The LNG would be exported from facilities located in the Cook Inlet near Kenai, Alaska, where COP and its predecessors have long exported gas to Japan and other Pacific Rim countries.

COP had let its most recent authorization lapse in March amid perceived uncertainties about whether supplies in the Cook Inlet region were adequate to meet regional needs.