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LNG Canada to Pursue Project Despite Protests Against Feeder Pipeline

Andy Calitz, CEO of LNG Canada, released a statement saying that “[d]espite opposition Coastal GasLink is currently facing, LNG Canada has every intention to continue to advance our project and maintain our construction schedule to deliver jobs and economic benefits to First Nations, local residents and British Columbians.”  Coastal GasLink is the proposed pipeline that would provide...

Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project

Last week, the Alaska Gasline Development Corporation (AGDC) announced that it has engaged Bank of China Limited (Bank of China) and Goldman Sachs & Co. LLC (Goldman Sachs) to serve as lead global capital coordinators for AGDC’s Alaska LNG project. Bank of China and Goldman Sachs will assist AGDC with raising equity and debt financing for the continued development of the Alaska LNG...

Alaska LNG Project Concludes Capacity Solicitation

The Alaska Gasline Development Corporation (AGDC) announced that it has concluded the capacity solicitation process for foundation customer capacity on the proposed Alaska LNG Project, which is comprised of, among other components, an 800-mile pipeline and an LNG export terminal. The press release states that “an Alaska producer submitted a conforming intent to subscribe for capacity...

Open Season Underway for Alaska LNG Capacity

Alaska Gasline Development Corp. (AGDC) has announced the commencement of a foundation customer capacity solicitation to determine the foundation customers who wish to reserve capacity on the proposed Alaska LNG Project. “The capacity solicitation presents an opportunity for North Slope gas resource owners and other qualified parties to subscribe to capacity on the Alaska LNG system.”...

State Corporation Takes Over Alaska LNG Project

The Alaska Gasline Development Corporation (AGDC) announced that it has reached an agreement with affiliates of ExxonMobil, BP and ConocoPhillips, whereby AGDC will assume the responsibility for the technical and regulatory activities associated with the proposed Alaska LNG project, consisting of an 800-mile pipeline to access North Slope gas supplies, a liquefaction and LNG export...

Alaska and ConocoPhillips Sign MOU to Market North Slope Gas

The State of Alaska, through the Alaska Gasline Development Corporation (AGDC) and ConocoPhillips Alaska Inc. have executed a Memorandum of Understanding (MOU) regarding negotiations to form a joint venture company (JV) to market LNG from the proposed Alaska LNG project to global LNG markets and acquire North Slope gas, with the goal of bringing LNG buyers and North Slope wellhead...

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