State of Alaska May Increase Stake in Alaska LNG Project
Posted on Jun 22, 2016 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on State of Alaska May Increase Stake in Alaska LNG Project
KTOO reports that Alaska Governor Bill Walker’s administration is considering increasing Alaska’s stake in the Alaska LNG Project or taking over ownership completely. Currently, the state owns 25% of the project through the Alaska Gasline Development Corporation. BP Alaska LNG LLC, ConocoPhillips Alaska LNG Company, and ExxonMobil Alaska LNG LLC, are the other sponsors of the...
Alaska LNG Project Files Second Draft Resource Reports
Posted on Jun 21, 2016 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Alaska LNG Project Files Second Draft Resource Reports
Alaska LNG Project has filed with FERC second drafts of Resource Reports 1 (General Project Description) and 10 (Alternatives) as part of FERC’s pre-filing environmental review process. The Alaska LNG Project, sponsored by the Alaska Gasline Development Corporation, BP Alaska LNG LLC, ConocoPhillips Alaska LNG Company, and ExxonMobil Alaska LNG LLC, was formed for the purpose of...
Alaska LNG Project Faces “Significant Economic Headwinds”
Posted on Feb 1, 2016 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on Alaska LNG Project Faces “Significant Economic Headwinds”
Alaska Public Radio reports that representatives from the Alaska LNG Project told Alaska state legislators last week that the project faces “significant economic headwinds,” and while they remain committed to the project, the sponsors “have to be realistic about the project in this current price environment.” Sponsors of the proposed 800-mile pipeline and LNG export terminal are North...
ExxonMobil Outlines Pluses and Minuses of Alaska LNG Project
Posted on Jan 28, 2016 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on ExxonMobil Outlines Pluses and Minuses of Alaska LNG Project
The Alaska Journal of Commerce reports that ExxonMobil, co-sponsor of the Alaska LNG project, recently gave a presentation to the Alaska legislature outlining the pluses and minuses of the project, of which the State of Alaska is a 25% partner. Pluses include existing gas production infrastructure on Alaska’s North Slope, close proximity to Asian markets, and experienced regulators at...
Alaska Legislature Approves State Buyout of TransCanada’s Share of the Alaska LNG Project
Posted on Nov 5, 2015 in Liquefaction, LNG Exports, Markets and Competition, Pipelines, State and Local Issues | Comments Off on Alaska Legislature Approves State Buyout of TransCanada’s Share of the Alaska LNG Project
The Alaska Journal of Commerce reports that the Alaska legislature has approved the state’s buyout of TransCanada’s share of the proposed Alaska LNG Project (AKLNG), consisting of an 800 mile pipeline to access North Slope gas supplies and a liquefaction and LNG export terminal at Nikiski. Currently, TransCanada owns 25% of the gas treatment plant and 25% of the pipeline portion of...