Gas Pipeline Milestones – Young’s 20th Rodeo
ADN Editorial. Well, this week BP and Conoco Phillips announced what looks like a step away from a gas pipeline by shutting down the Denali project. Denali was a separate operation of the two companies to win shipping commitments for such a pipeline. Denali said they'd invested $165 million in the project, but that shale gas deposits in the Lower 48 and the prospect of continued low prices ruled against any more investment. ... The Denali project, launched in 2008, was competing with the AGIA project. Now there's no competition. [...]



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