Harvest Midstream Acquires Kenai LNG Facility

Harvest Midstream Acquires Kenai LNG Facility: A Strategic Move to Address Alaskas Natural Gas ShortageHarvest Midstream has acquired the Kenai LNG facility in Nikiski, aiming to transform it into an import terminal. This move addresses Alaskas energy crunch, as the regions primary gas producer, Hilcorp, cant meet future demand. Harvest plans to increase import capacity, potentially starting in 2028, and is in talks with suppliers and buyers. This development is crucial for utilities like Matanuska Electric Association, whose gas supply contract with Hilcorp ends in 2028. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.