Marathon Oil

Kenai LNG Export License Approved

Governor Lauds Decision

June 3, 2008, Juneau, Alaska – Alaska Governor Sarah Palin today lauded the decision by the U.S. Energy Department to approve the application of Marathon Oil Corporation and ConocoPhillips for an extension of the Kenai Liquefied Natural Gas (LNG) Plant export license. The two companies filed for the extension in January 2007.

“In these times of economic uncertainty, this is great news for the state and its residents,” Governor Palin said. “This extension will secure a future for the LNG operation and is another step toward ensuring energy supplies and energy security for Alaska.”    » read more »

State of Alaska Reaches Agreement with ConocoPhillips and Marathon Oil

January 3, 2008, Anchorage, Alaska - Alaska Governor Sarah Palin is pleased to announce an agreement between the State of Alaska and oil industry officials that will help ensure energy supplies and energy security for Alaska. The State will support a two-year extension of the federal export license for the LNG plant on the Kenai Peninsula. LNG plant co-owners Marathon Oil Corporation and ConocoPhillips filed for the extension last January. The present export license expires in 2009.    » read more »

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