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More exciting news from the oil patch

Posted: June 24, 2012 - 9:00am

We continue to hear good news coming from the oil and gas industry in Cook Inlet. Items recently reported include ConocoPhillips' resumption of exports from its Nikiski liquefied natural gas plant, and Cook Inlet Energy's pitch to build a pipeline from west Cook Inlet production facilities to processing facilities on the east side of the inlet.

This comes on top of news that Hilcorp is planning to bring the Drift River oil storage facility back online to accommodate increased production, and that the Cook Inlet Natural Gas Storage Alaska facility is now injecting gas.

We're encouraged by the continued commitment to increased exploration, development and production in the Cook Inlet basin.

The oil and gas industry is a key part of our economy, and continued investment will have benefits for all Peninsula residents.

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