All About Yamal, Alaska & Competitors

Alaska Governor Mike Dunleavy

Our consistent opinion throughout these pages is that government undertakes a fool’s errand when it shifts its focus from its basic safety & management functions to other shiny objects outside its Constitutional authority.

A $40-60 billion Arctic gas/LNG project is challenge enough for several of the largest oil company risk takers in the world.  But trying to own and control such a project — as Alaska’s previous governor tried to do — is far, far beyond the responsibility, capability and province of TEMPORARILY ELECTED AND APPOINTED POLITICIANS AND BUREAUCRATS.

The whole spectacle looks even more ludicrous when one observes that the world’s great oil & gas companies do not consider the project to yet be feasible.  Alaska will continue to see other LNG projects developed, permitted and operated until it comes to its senses and returns the gambling gambit of the risky oil and gas business to the private sector.   We believe the majority of Alaskans and their political representatives now understand the foolhardiness of having government trying to run a world class energy operation while the state sinks deeper into deficits, lawlessness, unemployment, out-migration and entitlement death-spiral and failing educational systems for its children.

We are confident that Alaska’s popular new Governor (Photo) can and will focus on his office’s primary role, repairing and then running a sustainable, secure government efficiently.  -dh

Yamal LNG begins Train 3 exports

Yamal Peninsula

PAO Novatek has begun LNG exports from Train 3 of its Yamal LNG plant in Russia, reaching the site’s planned full capacity of 16.5 million tonnes/year. Novatek said it completed work on the 5.5-million tpy third train more than a year ahead of schedule. An additional 900,000-tpy train is under construction with startup planned for early 2020.

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