ALASKAN LNG SALES TO SOUTH KOREA PLANNED

Yukon Pacific Corp. has signed a memorandum of intent to sell Korea Gas Corp. 2 million tons/year of liquefied Alaskan North Slope gas beginning in 1997. Last November the U.S. Department of Energy approved Yukon Pacific's proposal to export the gas to Pacific Rim nations. On Mar. 8 DOE affirmed that decision when it denied a rehearing request by Alaskan Northwest Natural Gas Transportation Co. and Foothills Pipe Lines (Yukon) Ltd. They are sponsors of the Alaskan Natural Gas

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