1-26-17 Persily Tells It Like It Is

Judge orders removal of blockade against northern Alberta pipeline construction.

CBC.ca. Métis protest construction of northern Alberta TransCanada gas pipeline … CBC News calls to the president of the Chard Métis Society were not …

Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo by Dave Harbour.

LNG Headlines From Former Alaska Gas Pipeline Federal Coordinator, Larry Persily

Note: we hold Persily in great regard for his diligence and intellectual honesty. No matter who employs Persily, for the decades we have known him he has always told the truth in the classic tradition of honorable, objective journalism. Accordingly, today’s links reflect the expectation of enormous, worldwide LNG supplies for the foreseeable future along with enhanced and evolving technology–such as FLNG.

That is not especially good news for an Alaska North Slope gas monetization project that must amortize into its financing plan an 800 mile buried, refrigerated pipeline — an enormous disadvantage not encountered by any of Alaska’s gas export competitors, we believe.

In our thousands of archived commentary pages, readers know that we have long supported the creation of a timely, sustainable, private sector gas project. Simultaneously, we have vigorously opposed pipe dreams that are economically infeasible and/or those that more reflect the personal schemes of politicians than the durable plans of pipeline engineers and seasoned investors. -dh)

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Persily’s Links:

Floating LNG import terminals open up new markets

Malaysian LNG plant starts up 9^th liquefaction train

LNG sellers need to convert short-term surge into long-term demand

Increase in U.S. gas production could weigh on global LNG prices

Papua New Guinea plant exceeds expectations; expansion possible

Coal, LNG imports on the decline in Japan

Restarts could boost nuclear to 11% of Japan’s energy mix this year

China hits record high for LNG imports in December

Gas suppliers benefit as winter cold pushes up demand in Europe

U.S. LNG moves to Europe to take advantage of higher prices

From Today’s Alaska Headlamp Re: Alaska Competitiveness Policies

(Reference: Is Alaska a place where a deal is a deal?)

Storms a brewing. The bill addressing North Slope oil and gas tax credits is expected to surface next month in the House Resources Committee and has a contentious history in AK’s legislature. In 2016, the Legislature passed reforms to the tax credit system by a single vote in the House, but the victory was a hollow one for those who hoped it would lead to a compromise on Alaska’s $3 billion budget deficit.

While the House has changed significantly since last year, the Senate hasn’t, and any proposal to alter the credits will face a challenge. The new House Minority has said that preserving the existing tax credit program is a priority. “It’s true that the other body has not changed significantly…However, I think that we need to re-hear these arguments about stability and see whether the Senate has changed its position,” said Rep. Andy Josephson.

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.