The parties have signed a memorandum of understanding to negotiate agreements to build and operate a facility that will enable liquefied natural gas (LNG) to be trucked to the interior by the first quarter of 2014.
GVEA will use the gas to power its newest turbine at the North Pole power plant, while Flint Hills will use the gas as a supply fuel for the refining process at its North Pole refinery.
Engineering for the project is underway and it is expected to have LNG available in North Pole by the first quarter of 2014.
GVEA owns and operates five power plants that provide power to nearly 100,000 interior residents.
