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Conoco Resumes LNG Exports from Alaska Kenai Plant

ConocoPhillips (COP) said Thursday it has resumed exports of liquefied natural gas, or LNG, from its Alaska Kenai plant, which was mothballed last year due to deteriorating market conditions. The first cargo departed in May, and three to four more are expected between now and the end of the year, said company spokeswoman Natalie Lowman. "ConocoPhillips is exporting these cargoes because we were able to negotiate new gas contracts and an agreement to lease an LNG tanker last December," Lowman added. The company said in February 2011 it was planning to shut down the plant, as operation of the plant as an export facility wasn't economically viable. Marathon Oil Corp. (MRO) is the co-owner of the plant, which for more than four decades has shipped LNG to Japan. -Write to Isabel Ordonez at isabel.ordonez@dowjones.com

Stock News for Conocophillips (COP)
DateTimeHeadline
12/05/201621:40:00Origin to Sell Oil-and Gas Operations Through IPO
12/02/201615:54:31Statement of Changes in Beneficial Ownership (4)
12/02/201615:25:35Statement of Changes in Beneficial Ownership (4)
12/02/201615:22:38Statement of Changes in Beneficial Ownership (4)
12/02/201615:17:14Statement of Changes in Beneficial Ownership (4)
11/10/201607:00:00ConocoPhillips Analyst and Investor Meeting to Outline Strategy...
11/02/201615:15:39Statement of Changes in Beneficial Ownership (4)
11/02/201615:13:18Statement of Changes in Beneficial Ownership (4)
11/02/201615:10:41Statement of Changes in Beneficial Ownership (4)
11/02/201615:06:45Statement of Changes in Beneficial Ownership (4)
11/02/201609:25:00ConocoPhillips to Hold Analyst & Investor Meeting on Nov. 10...
11/01/201610:58:43Quarterly Report (10-q)
10/28/201616:00:00ConocoPhillips Completes Sale of Exploration Blocks Offshore...
10/28/201613:50:00Energy Slump Mars Exxon, Chevron Results
10/28/201603:03:00ConocoPhillips Takes Hit With Wider Loss -- WSJ
10/27/201608:40:00ConocoPhillips Revenue Slides
10/27/201608:38:00ConocoPhillips Revenue Slides
10/27/201607:46:25Current Report Filing (8-k)
10/27/201607:00:00ConocoPhillips Reports Third-Quarter 2016 Results; Strong Operational...
10/06/201616:35:00ConocoPhillips Announces Quarterly Dividend

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