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HARVEST MIDSTREAM ACQUIRES KENAI LNG TERMINAL, ADVANCES SOUTHCENTRAL ENERGY SOLUTIONS
Harvest Midstream plans LNG imports by 2028 to address Southcentral Alaska's gas shortfall with 107,000 cubic meters of storage and dock capacity for 2.9 billion cubic feet of gas.
- On Nov. 11, 2025, Harvest Midstream closed its acquisition of the Kenai LNG facility in Nikiski, advancing a Feb. 2025 plan to redeploy LNG infrastructure for Southcentral Alaska.
- Hilcorp warned it cannot meet utilities' upcoming demand as future contracts expire, and several utilities face shortfalls, including Matanuska Electric Association's contract ending March 2028 with 0% gas needs met in 2029.
- Facility inspections this summer found the onshore works and dock, with dock capacity up to 138,000 cubic meters, Harvest said.
- Harvest Midstream is targeting a final investment decision in Q2 2026 and first LNG imports in the first half of 2028, while soliciting commercial partners and continuing talks with Chugach Electric Association.
- Repurposing the longtime export terminal would shift the Railbelt energy market, while Enstar's exclusivity with Glenfarne and their proposed 2029 imports create competing Nikiski projects.
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HARVEST MIDSTREAM ACQUIRES KENAI LNG TERMINAL, ADVANCES SOUTHCENTRAL ENERGY SOLUTIONS
HOUSTON, Nov. 11, 2025 /PRNewswire/ -- Harvest Midstream (Harvest) today announced it has closed the acquisition of the Kenai LNG facility in Nikiski, Alaska, advancing its February 2025 plan to redevelop existing LNG infrastructure to strengthen Southcentral Alaska's energy security…
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Total News Sources23
Leaning Left2Leaning Right1Center11Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
14%
C 79%
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