The project leverages legacy LNG export infrastructure, including a dock capable of handling LNG vessels up to 2.9 billion cubic feet of natural gas and onsite tankage with a storage capacity of 2.3 billion cubic feet. Thanks to existing Federal Energy Regulatory Commission approvals, Harvest would own, develop, and operate the LNG terminal, allowing Chugach Electric and other Railbelt customers to secure additional natural gas supplies.
“Providing our members with safe, reliable, and affordable electric service is core to our values and mission. We are pleased to have a potential solution to meet the gas needs of our members and at the right time,” says Chugach Electric CEO Arthur Miller. “We’ve been looking at options to fill the gap left by our expiring Hilcorp contract, which ends on March 31, 2028. This is a great opportunity to work with partners who have extensive experience and knowledge of gas operations in Alaska. We look forward to ongoing discussions and analysis with Harvest Alaska as they progress the front-end engineering and design study over the next several months.”
Marathon expressed strong support for the project and noted the benefits it can provide to the region.