FERC has approved a Marathon Petroleum Corp. subsidiary’s request to convert the Kenai liquefied natural gas (LNG) export terminal in Alaska to import operations. 

Trans-Foreland Pipeline Co. LLC filed an application to import natural gas earlier this year at the terminal in Nikiski on the Kenai Peninsula. The facility began operating in 1969 and for more than 40 years was the only LNG export terminal in North America. 

Kenai has a liquefaction capacity of 200 MMcf/d, but the plant hasn’t exported LNG since 2015. It’s been idled since Marathon acquired it from ConocoPhillips in 2018. Trans-Foreland wants to construct new facilities, return two 35,000 cubic meter storage tanks and other equipment to service to import up to four vessel loads of LNG annually. The company...