Former Marathon facility to be used to import LNG Harvest Alaska, an affiliate of Hilcorp Energy, in February announced the acquisition of a mothballed LNG terminal owned by Marathon Petroleum at Nikiski, on the Kenai Peninsula south of Anchorage. The terminal and related infrastructure were formerly owned by ConocoPhillips as part of an LNG export facility that operated for years but closed in 2016. The announcement was made jointly with Chugach Electric Association, the state’s largest utility, as part of a plan to use the Marathon facility for imports of LNG to augment declining natural gas production from fields in Cook Inlet. “Under the proposal Harvest would own, develop and operate the LNG terminal and infrastructure, allowing Chugach, Marathon Petroleum Co. and other railbelt (regional) customers to secure additional natural gas supplies to help meet the market demand,” Harvest officials said. Chugach and other regional electric utilities depend on natural gas to fuel much of their power generation. Enstar Natural Gas Co., the regional gas utility, also needs gas for heating of businesses and residential homes in Southcentral Alaska. CONTINUED on PAGE 20 THE LINK: MARCH 2025 18 Harvest Alaska acquires Kenai LNG terminal Photo Courtesy Marathon
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