Harvest Midstream continues to build on its commitment to Alaska, supporting new North Slope production, delivering North Slope natural gas to Interior Alaska and advancing critical infrastructure solutions designed to meet Alaska’s evolving energy needs.
“In Alaska and throughout our operations, Harvest has built a track record of turning ideas into infrastructure,” said Harvest CEO Jason C. Rebrook. “We focus on practical projects that solve real energy challenges, and then we execute. This approach is guiding our work at Kenai LNG as we look to put existing infrastructure back to work for Alaskans.”
Harvest’s North Slope LNG facility near Deadhorse represents the first commercial delivery of North Slope gas, and it continues to supply the Interior Gas Utility. As more homes and businesses in the Interior convert from fuel oil or wood to natural gas service, the project is expected to significantly improve local air quality and reduce emissions by up to 2,000 tons per year, including significant reductions in particulate matter.
Harvest’s North Slope LNG facility has capacity available today to serve additional utility, industrial, and community demand as requirements grow over time. This existing capacity provides a flexible platform to expand the use of Alaska-sourced natural gas across the state without the lead time required to develop new supply infrastructure.
At the same time, Harvest continues to advance Kenai LNG as a necessary near-term solution for Southcentral Alaska’s anticipated natural gas needs. Commercial discussions with Alaska utilities are rapidly progressing alongside regulatory and engineering work necessary to reactivate the existing facility as an LNG import terminal. By repurposing existing infrastructure, Kenai LNG provides the most practical and cost-effective solution to bring additional natural gas supply to the Railbelt in the timeframe it is needed.
Based on the current development schedule and recent advancements on commercial agreements, Harvest continues working toward a final investment decision, positioning Kenai LNG to begin receiving LNG as early as 2029. Maintaining that schedule will require timely commitments from utility customers, receipt of regulatory approvals, and completion of other customary development milestones.
Other longer-term opportunities to bring Alaska natural gas to market continue to be evaluated. In the near term, LNG imports are expected to be an important part of the energy mix needed to reliably heat homes and keep the lights on while longer-term solutions are advanced. Kenai LNG has the flexibility to scale up to meet all of Southcentral’s natural gas needs as other energy infrastructure projects are evaluated.
Across Alaska, Harvest remains focused on practical, flexible infrastructure solutions that connect Alaska energy with local communities and ensure energy security for the citizens of Alaska.
About Harvest Midstream
Harvest Midstream is a Houston-based, privately held midstream service provider with a rapidly expanding national footprint. Focused on the gathering, storage, transportation, treatment, and terminalling of crude oil and natural gas, Harvest has accelerated its growth trajectory in recent years through a series of strategic acquisitions. In Alaska, Harvest’s operations span the Cook Inlet and the North Slope, including a 49% ownership stake in the iconic Trans-Alaska Pipeline System (TAPS).
Press release provided by Harvest Midstream.
