The Cook Inlet basin's natural gas resource, the primary heating and power-generation fuel for Anchorage, the Mat-Su, and the Kenai Peninsula. Production has been declining for years; the state and Railbelt utilities are evaluating LNG imports, AKLNG completion, and other supply contingencies. Operators include Hilcorp and Furie/HEX.
Special session concludes without passage of a gasline bill, and now the question is if this is an end to negotiations or if they'll continue tomorrow. The Governor thinks they're close.

Federal regulators renewed HEX Operating's permit to incidentally harass marine mammals during natural gas work in Cook Inlet through September 2027.

Hilcorp and ENSTAR filed three applications to convert depleted Cook Inlet gas fields into storage facilities, a move the state says is critical as the inlet's aging reserves decline and supply reliability becomes a concern for Southcentral Alaska.
Chugach's gas-to-renewables shift has its first concrete entries: four hydro projects on four Southcentral creeks, 52 MW total.

Chugach and Glenfarne signed a non-binding letter of intent. The pipeline still hasn't broken ground. One of many Chugach hedges.

ENSTAR is locking in a $16 price ceiling, but Sen. Bert Stedman argued the costs may have just moved upstream, to the tune of $3.3 billion over 30 years.

Cook Inlet natural gas production has dropped 60% since 2010 to 200 million cubic feet per day, leaving winter demand unmet and forcing utilities to plan for costly LNG imports starting in 2033.

Hilcorp filed Friday for a state lease to store natural gas in 1,330 acres of subsurface rock beneath Kenai, with public comments due July 7.

MEA and ENSTAR told lawmakers Southcentral electricity and heating bills will jump $21 to $31 monthly starting in 2029 when Cook Inlet gas contracts expire and utilities switch to costlier imported liquefied natural gas.

Then on the sixth day, god said: "Let there be LNG" And it was goooooood

Cook Inlet gas production fell to 61 billion cubic feet in 2025, matching annual regional demand with no winter cushion. • Daily output of 200 million cubic feet falls short of peak winter demand of 320 million cubic feet per day. • Hilcorp has drilled 192 wells since 2012 and spent $1.5 billion just to hold production steady as individual wells decline 30 to 40 percent annually. • Utilities are developing LNG import terminals to fill the gap, targeting first imports in 2027 to 2029.

Federal regulators renewed a permit letting HEX Operating produce natural gas in Cook Inlet while monitoring disturbance to beluga whales and other marine mammals that share the inlet.
