Report Assesses Cost of Alaska’s Buyout of TransCanada’s Stake in Alaska LNG Project
Posted on Oct 2, 2015 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on Report Assesses Cost of Alaska’s Buyout of TransCanada’s Stake in Alaska LNG Project
A report by Black and Veatch estimates that the near-term cost for Alaska to buyout TransCanada Corp.’s stake in the Alaska LNG Project would be $108 million. According to an Alaska Journal of Commerce article, the report “estimates annual state revenues in the $3 billion to $5 billion range, totaling $76.7 billion over 20 years with TransCanada’s participation and $84.1 billion...
Alaska Governor Seeks to Buyout TransCanada from Alaska LNG Project
Posted on Aug 26, 2015 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Alaska Governor Seeks to Buyout TransCanada from Alaska LNG Project
The Alaska Dispatch News reports that Alaska Governor Bill Walker will ask state legislators to exercise an option to buyout TransCanada Corporation’s 25% pipeline share of the Alaska LNG project, which involves construction of an 800-mile pipeline and LNG terminal to access North Slope gas supplies for export. North Slope producers BP, ConocoPhillips and ExxonMobil are the other...
TransCanada Pipeline to LNG Canada’s Proposed Kitimat Terminal Receives B.C. Environmental Approval
Posted on Oct 27, 2014 in Canada & Mexico, Environmental, LNG Exports | Comments Off on TransCanada Pipeline to LNG Canada’s Proposed Kitimat Terminal Receives B.C. Environmental Approval
The British Columbia (B.C.) Environmental Assessment Office has approved the construction and operation of TransCanada’s proposed Coastal GasLink pipeline, an approximately 415-mile, 48-inch diameter natural gas pipeline that would run from the Groundbirch area near Dawson Creek, B.C. to the proposed LNG Canada export terminal near Kitimat, B.C. Documents related to the project can be...
Alaska Seeks to Terminate AGIA License Agreement with TransCanada
Posted on Dec 31, 2013 in LNG Exports, State and Local Issues | Comments Off on Alaska Seeks to Terminate AGIA License Agreement with TransCanada
The Alaska Journal of Commerce reports that the State of Alaska is seeking to terminate its agreement with TransCanada under the Alaska Gasline Inducement Act (AGIA), which provides subsidies for TransCanada and partners to construct a natural gas pipeline from the North Slope to a proposed LNG export terminal at a port in south-central Alaska. The article states that termination of...
Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
Posted on Jan 14, 2013 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
An article in the Alaska Dispatch discusses Progress Energy’s recent selection of TransCanada to build a pipeline to an LNG export terminal in Prince Rupert Sound, B.C. The article focuses on whether that decision, coupled with TransCanada’s selection to build a pipeline to an LNG export terminal at Kitimat, B.C., presents a conflict of interest with TransCanada’s...