Energy majors pick Alaskan town as site for proposed LNG export plant

The town of Nikiski, Alaska, on the Kenai Peninsula, is the leading candidate for a liquefied natural gas export facility being planned by a consortium of energy majors including ExxonMobil and BP. More than $65 billion could be spent for the project. "A Nikiski area liquefaction plant and export terminal will be a multi-billion [dollar] investment and huge shot in the arm to both Alaska's economy and confidence in our state's energy future," said Sen. Mark Begich, D-Alaska.

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