Marathon Petroleum Corp. continues to evaluate converting its Kenai LNG export terminal in Alaska to import the super-chilled fuel, a project the company said ultimately could be larger than originally planned to help meet local natural gas demand.

FERC approved a Marathon subsidiary’s request in 2020 to convert the Kenai terminal, which hasn’t exported any LNG since 2015.

The company said it was evaluating strategic options for the facility, including the plan authorized by federal regulators, along with a larger second phase import and regasification terminal. The facility is located near Marathon’s Kenai refinery on the Cook Inlet, about 60 miles southwest of Anchorage, which also would utilize imported natural gas.

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