Harvest Midstream Acquires Kenai LNG Facility to Bolster Alaska Gas Supply

Harvest Midstream has acquired the Kenai LNG facility in Nikiski, Alaska, aiming to redevelop the site for LNG imports to meet regional gas demand and improve Southcentral Alaska’s long-term energy reliability.

(P&GJ) — Harvest Midstream has completed its acquisition of the Kenai LNG facility in Nikiski, Alaska, marking a key step in the company’s plan to redevelop legacy LNG infrastructure and strengthen Southcentral Alaska’s energy reliability.

The purchase includes roughly 100 acres of industrial waterfront, 107,000 cubic meters of LNG storage, and dock infrastructure historically capable of handling vessels up to 138,000 cubic meters, equivalent to about 2.9 billion cubic feet of natural gas.

“Today’s announcement is another milestone in delivering real energy solutions for Alaska and advancing America’s energy infrastructure,” said Jason C. Rebrook, Harvest CEO. “Earlier this year, we delivered the first-ever North Slope LNG to Fairbanks, and now we are building on that momentum by putting existing LNG infrastructure back to work to help meet Southcentral Alaska's near-term gas needs and strengthen long-term energy reliability for the state.”

The company said it plans to use the facility to meet near-term regional gas needs through LNG imports while maintaining the option for future exports. Harvest is seeking an amendment to its existing FERC permit to expand import capacity and is in advanced talks with LNG suppliers and potential offtakers.

A final investment decision is targeted for the second quarter of 2026, with first LNG imports expected in early 2028, according to the company.

Harvest operates across the Cook Inlet and North Slope and holds a 49% stake in the Trans-Alaska Pipeline System (TAPS).