House Supports Expedient 2-year Kenai LNG Extension - Chenault's HR 17
Chenault’s HR 17 urges DOE to approve export license through 2013
Thursday, April 15, 2010, Juneau, Alaska – The Alaska State House today unanimously approved a resolution urging the U.S. Department of Energy to expedite approval of the Kenai LNG Plant’s export license through 2013. The House Rules Committee sponsored the resolution, HR 17, at the request of House Speaker Mike Chenault, R-Nikiski.“Maintaining steady natural gas demand is the key to viable economics for development and production, and without the Kenai LNG facility as an industrial anchor we lose; all of the Railbelt loses,” Speaker Chenault said. “The plant helps drive investment in resource development, provides more than 60 high-paying and family-sustaining jobs, and has returned more than $130,000,000 to the City of Kenai and the Borough. One month ago today, the State committed to work with the plant owners to renew the export license because they recognized its importance. The plant keeps a stable supply of gas flowing through Southcentral, in peak months by back-stopping consumer demands, making sure we avoid brownouts and disruptions. The two-year renewal will hopefully act as a bridge until gas storage facilities can come on-line.” Copies of HR 17 will be sent to U.S. Energy Secretary Steven Chu and the members of the state’s congressional delegation.
Posted: April 16, 2010