North Slope Pipeline and LNG Export Terminal Project Could Cost Over $65 Billion

In a letter to Alaska Governor Sean Parnell, ExxonMobil Production Company, ConocoPhillips Alaska, Inc., BP Exploration Alaska and TransCanada Corp. projected that it could cost over $65 billion and take ten years to construct a pipeline and LNG terminal facilities to carry natural gas from Alaska’s North Slope to a proposed LNG export terminal on Alaska’s southcentral coast. The letter states that the combined project is of unprecedented scale and challenge. The letter and the Governor’s press release can be found here.

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