ConocoPhillips, state sign MOU to revive Alaska LNG

摘要

The state of Alaska and US oil and gas producer ConocoPhillips has reached a memorandum of understanding (MOU) to form a joint venture to develop Alaskan LNG exports, a way to revive the scheme after majors ExxonMobil and UKbased BP have exited the project. The state, which is represented by the Alaska Gasline Development Corporation (AGDC), made the announcement on Wednesday.