10-17-16 Alaska LNG: Among World's Least Competitive

10-17-16 Alaska LNG: Among World’s Least Competitive

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Andrew Browning. Northern Gas Pipeline file photo by Dave Harbour

A panel of experts gave their views on the shifting supply-demand balance, which is bolstered by more takeaway capacity to Mexico and via newly opened terminals on the Gulf Coast. Four panelists, including one from Canada, expressed different views about what was unfolding, but all agreed that the supply-demand picture will be quite different by the end of next year, not to mention the next 10 years, during the LDC Gas Forum Rockies & West conference.

“I’ve never seen such a bipartisan effort, including the Western Slope producers, local officials, the governor and Congressional representatives, joining forces and making an all-out effort to mount support in Colorado to help the Jordan Cove project move forward,” Colorado-based Andrew Browning, COO of the Consumer Energy Alliance, said.

Alaska’s Government-Led LNG Project One Of Least Competitive In World – Report From Ak-Headlamp

The AGDC board of directors met at Kenai’s Cannery Lodge last week to discuss work on the Alaska LNG Project and recent gas marketing efforts in Asia. Since an analysis from consulting firm Wood MacKenzie was presented to the Legislature in August showing the Alaska LNG Project as one of the least competitive LNG projects in the world at present and the three producer partners on the project — BP, ConocoPhillips and ExxonMobil — announced they would step back from making further investments, the state has been working out how to transition the completed assets from the project so the state can press on.The board hopes the transfer of the projects assets to wrap up by the end of the year. Again, Headlamp questions the idea of government leading a project that is consider one of the LEAST competitive in the world.

“I think it’s something the state really owes its people, to look at what does it really look like if you just stop? What if you don’t do this project? What if you don’t ever have a gas pipeline? What if you just let the oil run dry?” AGDC President Keith Meyer said. “…If you really look at the two paths, the two choices, either do it or not, I believe having a project will be much more beneficial to the state than not having a project.”

About the Author: wpnorthern

Dave Harbour, publisher of Northern Gas Pipelines, is a former Chairman of the Regulatory Commission of Alaska, a Commissioner Emeritus of NARUC, NARUC's Official Representative to IOGCC and Vice Chairman of NARUC's Gas Committee. He served as Gas Committee Chairman of the Western Conference of Public Service Commissioners. He also served as commissioner of the Anchorage Bicentennial Commission and the Anchorage Heritage Land Bank Commission. He earned a Bachelor of Arts Degree: English, at Colorado State University, a Master of Science Degree: Communications-Journalism at Murray State University and graduated from Utility Regulatory School for Commissioners at Michigan State University. He served as a Vice President for Communications and Public Affairs at Alaska Pacific University, taught bank marketing classes at the University of Alaska and was an English teacher at Los Alamos High School. Harbour served in ranks of Private - Captain during a 4-year assignment with the Army in Korea, Idaho, Georgia and Fort Meade and received the Meritorious Service Medal among other commendations. Harbour is also a past Chairman of the Alaska Council on Economic Education, the Alaska Oil & Gas Association Government Affairs Committee, the Anchorage Chamber of Commerce, the Export Council of Alaska and the Department of Commerce's District Export Council. He is a past President of the Alaska Press Club, American Bald Eagle Foundation, Consumer Energy Alliance-Alaska and Common Sense for Alaska. Harbour was instrumental in founding the American Bald Eagle Research Institute (UAS), the Alaska Support Industry Alliance, the Downtown Anchorage Business Partnership, and Arctic Power. He also served as CEO of several small Alaska organizations, including the Anchorage Parking Authority and Action Security, Inc. Harbour is also Chairman Emeritus of the Alaska Oil & Gas Congress. Harbour's wife, Nancy, is a professional, performing arts administrator and his three boys, Todd, Benjamin and William work in the fields of environmental management, energy marketing and medicine.