Feb 7 (Reuters) - HARVEST ALASKA:
* ANNOUNCES DEAL WITH MARATHON PETROLEUM CORPORATION AND CHUGACH ELECTRIC ASSOCIATION TO BOLSTER SOUTHCENTRAL ALASKA'S ENERGY SUPPLIES THROUGH HARVEST'S ACQUISITION AND RE-DEVELOPMENT OF THE EXISTING KENAI LNG TERMINAL.
* SAYS IT WILL REDEVELOP KENAI LNG TERMINAL WITH FULL SCALE OPERATIONS BEGINNING IN 2028.
* AIMS TO INCREASE SOUTHCENTRAL ALASKA'S ENERGY SUPPLY BY 2026.
* SAYS UNDER PROPOSAL, HARVEST WOULD OWN, DEVELOP AND OPERATE THE LNG TERMINAL AND INFRASTRUCTURE – ALLOWING CHUGACH, MARATHON AND ANY OTHER RAILBELT CUSTOMERS TO SECURE ADDITIONAL NATURAL GAS SUPPLIES TO HELP MEET THE MARKET DEMAND.
* SAYS PROJECT LEVERAGES MPC'S LEGACY LNG EXPORT INFRASTRUCTURE TO ALLEVIATE THE POTENTIAL SHORT-TERM NATURAL GAS SHORTAGE FACING SOUTHCENTRAL ALASKA
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