Oil & Gas Journal by Christopher Smith. ExxonMobil Corp., BP PLC, ConocoPhillips, TransCanada Corp., Alaska Gasline Development Corp. (AGDC), and Alaska’s commissioners of natural resources and revenue have signed a heads of agreement (HOA) for the Alaska LNG Project, laying the commercial framework for development of an 800-mile natural gas pipeline to transport production from the Alaska North Slope (ANS) to a 15-18 million tonne/year LNG plant on its south-central coast.
Meet Alaska Part II (Scroll Down For Part I. Remember that we wish our archives to maintain the highest degree of accuracy. Accordingly, we solicit reader responses: additions, corrections to anything included herein.) by Dave Harbour THIS MORNING IN WASHINGTON: You Read It Here First! U.S. Sen. Lisa Murkowski (NGP Photo) today sent a letter to President Obama urging him to lift the prohibition on exporting crude oil produced in the United States. Doing so, Murkowski wrote, will allow American producers to access global markets, which will boost production, protect jobs, [...]
Governor's Announcement Underlines The Importance Of The Alliance's "Meet Alaska" and Other Energy Conferences Part I by Dave Harbour ADN by Governor Sean Parnell (NGP Photo). For the first time in Alaska's history, we have the framework in place to build the Alaska liquefied natural gas (LNG) project on Alaska's terms and in Alaskans' interests. We have the necessary parties to make the Alaska LNG project go: three producers, a pre-eminent Arctic pipeline builder, an entity that will carry Alaskans' interests (Alaska Gasline Development Corp.) and state agencies responsible for royalties [...]
ADN By Lisa Demer. Gov. Sean Parnell (NGP Photo) on Friday announced that he was prepared to abandon the Palin-era natural gas pipeline law and set the state on a new path as an investor and partner in a long-dreamed-about natural gas project from the North Slope. (We'll have more report and photos for our readers on Monday. -dh)
Juneau Empire. Gov. Sean Parnell (NGP Photo) on Friday announced a new way forward on a long-hoped-for natural gas pipeline that includes scrapping the terms of a 2007 law he says no longer works well for the situation. (We'll have more news links, our own report and commentary for readers on Monday. -dh)
From Governor Parnell's Office. Following the close of the first session of the 28th Alaska Legislature, Governor Sean Parnell (NGP Photo) today thanked legislators and highlighted the successful passage of many of his key priorities to improve Alaska. Reforming Alaska’s oil tax structure, providing cheaper energy to Interior and rural communities, reducing payroll tax increases, exercising fiscal restraint, and protecting Alaskan families led the governor’s agenda this session. Alaska’s Oil Production Comeback "After thoughtful analysis and debate, legislators passed Senate Bill 21", a statement from his office said today, [...]
Yesterday, U.S. Sen. Lisa Murkowski (NGP Photo), questioned the nominee to be the next Secretary of the Interior, Sally Jewell, about her commitment to return balance to the various missions of the department. "Balance" would include recognizing importance of energy development, multiple use and consideration for the livelihoods and safety of citizens. See her full opening statement here, and the full video of the hearing here. Instate Gasline Competition by Dave Harbour In the 1970's powerful energy consortia fought over Arctic gas pipeline routes tapping Alaska North Slope (ANS) and Canadian Mackenzie [...]
Calgary Herald by Don Braid. When Energy Minister Ken Hughes talks about the oilsands Thursday in Vancouver, he’ll have a message for our coastal cousins: “Not all roads lead through British Columbia.” Translation: If B.C. won’t transport bitumen, Alberta will find somebody who’s glad to do it. ***** Hughes says he’s interested in a plan to ship oil across Yukon to the Alaskan port at Valdez. He may have an announcement on that matter on Thursday. “The pipeline there is only 50 per cent full and declining in volume,” he [...]
Some Projects Seem More Lively Than Others As This Year Ends Fairbanks News Miner by Matt Buxton. The Alaska Gasline Development Corp. on Thursday unveiled a reworked version of its in-state natural gas pipeline that provides lower prices for Fairbanks and communities along the proposed route from Prudhoe Bay to Southcentral. An earlier version of the project faltered during the 2012 legislative session. The revised proposal drops costly processing facilities for natural gas liquids. The liquids are no longer as profitable because the market is awash, thanks to the Lower 48 oil boom. *** [...]
Petroleum News Alaska by Eric Lidji (NGP Photo). The public corporation of the state is currently conducting due diligence to determine whether it should build, own and operate a 4.5-mile access road connecting the existing Tarn road to the Mustang field, as well as a production pad at the development site. After announcing a 40 million barrel discovery earlier this year, the small independent Brooks Range Petroleum Corp. is working to bring the Mustang field online by 2014. Consumer Energy Alliance Weekly Report Your Alaska Link hosts Doreen Lorenz and [...]
For our Oil & Gas Journal subscribers: ALASKA IN-STATE PIPELINE—1: STUDY CONFIRMS FEASIBILITY OF IN-STATE ALASKAN GAS PIPELINE ... Zhenhua Rui Independent Project Analysis Inc. USA Ashburn, Va. Construction of an Alaska in-state natural gas pipeline is feasible at any of three flow rate scenarios: 500 MMcfd, 750 MMcfd, and 1,000 MMcfd. Selection of a particular rate depends on specific conditions and perspectives, but the results of the study underlying this article show that building an Alaska in-state gas pipeline is reasonable for all three, assuming a 30-year operating life. This [...]
On Wednesday November 14, 2012, Paul Ziff (NGP Photo), CEO of Ziff Energy Group will be giving a presentation entitled "Natural Gas Under Siege” at the BMO Centre in Calgary, Alberta. "Can natural gas production be competitive under the status quo? The North American natural gas producing industry is “under siege”. Natural gas prices have descended to a low not seen since the 1990’s and the current price is far below the full cycle cost to replace gas that is produced and sold." FEDS Release Final Environmental [...]
Platts by Tim Bradner. A group of Japanese Companies has opened an office in Alaska in hope of working with the state, North Slope producers and TransCanada on a large natural gas liquefaction project, an official for the group said Monday. The Consortium, Resources Energy, is proposing to build and own an LNG plant at a south Alaska tidewater port, but also could invest in the pipeline needed to bring North Slope gas south to the proposed plant, the company's Alaska manager, Mary Ann Pease (NGP Photo), said. ... Members [...]
Here is Cory Renauer's (Photo-r) Alaska Gas Pipeline Risk Analysis (Seeking Alpha) (Notice: two readers told me they encountered a 'virus warnining' when activating the link above. I checked the link several times and ran my virus program check on the URL. It received a clean bill of health. If anyone has information to the contrary, please advise. -dh) Notes: Alberta's oil fired economy is doing quite well. TONIGHT: A big night for the Alaska Support Industry Alliance! Other Consumer Energy Alliance and American Energy Alliance Daily Energy Links Here. [...]
This morning, House Natural Resources Committee Chairman Doc Hastings (NGP Photo) commented on today's September jobs report from the Bureau of Labor Statistics. “When there are 23 million unemployed or underemployed Americans, it’s always welcome news to see people getting back to work. Unfortunately, staggeringly high unemployment rates have become all too common and there are still too many families struggling to make ends meet. Meanwhile, the Obama Administration has continued its assault on American job creators. Nowhere is this more evident than American energy production where government red tape [...]
.JPG)
.JPG)
.JPG)
.jpg)
.jpg)
.JPG){kind=link}
.JPG){kind=link}
.JPG){kind=link}
.jpg){kind=link}
.jpg){kind=link}
