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ConocoPhillips Buys Out Marathon's Ownership Position in Kenai LNG Facility

Platts LNG Daily [subscription required] reports that ConocoPhillips has purchased Marathon Oil’s 30% ownership stake in the Kenai LNG liquefaction and export facility. The purchase comes as the facility winds down its LNG export operations, and is expec
October 11, 2011

Platts LNG Daily [subscription required] reports that ConocoPhillips has purchased Marathon Oil’s 30% ownership stake in the Kenai LNG liquefaction and export facility. The purchase comes as the facility winds down its LNG export operations, and is expected to suspend LNG exports altogether in the coming weeks.

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