Alaska Journal of Commerce by Tim Bradner. Alaska Gov. Sean Parnell (NGP Photo) has made if official: Alaska will explore taking an equity share in a large North Slope natural gas pipeline and liquefied natural gas project. (See our earlier coverage, here. -dh)
At the Jan. 10 Alaska Support Industry Alliance’s annual “Meet Alaska” conference and tradeshow in Anchorage Parnell said the state-owned Alaska Gasline Development Corp. has been authorized to participate financially in the project, estimated to cost $45 billion to $65 billion.
The idea is similar to an agreement former Gov. Frank Murkowski reached with North Slope producers in 2006 that would have the state be a partner in the project. The Legislature did not approve Murkowski’s proposal, however.
See this week's relevant news links from the Alaska Gas Pipeline Federal Coordinator's office:
- Tokyo Electric plans to team up with other LNG buyers to cut costs
- Tokyo Electric’s coal consumption doubled from 2012 to 2013
- Chubu Electric signs 3-year supply deal for Australia LNG
- Japan, Mozambique will cooperate to speed up LNG development
- Russia, China continue to haggle over price for 30-year gas deal
- Russia widens its lead as Europe’s top gas supplier
- U.S. LNG price advantage over Australia may not last, analyst warns
- Court battle over Maryland LNG terminal hinges on 1972 agreement
- Indian importer looking to move up date for first U.S. LNG
- Indian fertilizer manufacturer says LNG is too costly
- India looks to Canada for oil and gas
- Kitimat LNG signs up joint venture for engineering, construction
- New power plants in the Philippines plan to run on LNG
- LNG deliveries start to fuel Inuvik power plant in Canada’s far north
- Michigan governor calls for reduction in coal-fired power plants
- Fracking wastewater wells blamed for quakes near Texas town
- Cities start to focus on increased oil-train traffic
- Ship design executive predicts LNG will dominate market
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