AlwaysFree: The US FERC To Decide On Marathon's Alaska LNG Import Project In July

The Federal Energy Regulatory Commission has delayed the decision date on Marathon Petroleum's plan to convert the Kenai liquefied natural gas export plant in Alaska into an import terminal to July 2020.

FERC previously said in June 2019 it planned to make the decision by March 12, 2020.

Because the company was not able to provide certain information needed for an environmental assessment until January, FERC revised the schedule for the project.

In order to receive a cargo of LNG that would produce natural gas to be used at its Kenai refinery located next to the LNG facility, permission asked by Marathon Petroleum in March to modify the existing Kenai LNG export facility.

An environmental assessment on the project will be issued by FERC on April 24, 2020. Within 90 days of issuing the environmental assessment, the agency said it has to make an authorization decision.

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