1-7-19 FLNG Comment – and – Changing World Fiscal Systems

NGI by Charlie Passut.   Alaska and three Chinese companies have agreed to a six-month extension to negotiate and conclude definitive agreements for a liquefied natural gas (LNG) project in the state, despite an ongoing U.S.-Sino trade war. The Alaska Gasline Development Corp. (AGDC), China's state-owned Sinopec Group, the Bank of China and CIC Capital, a subsidiary of China Investment Corp., agreed to extend the deadline for an agreement until June 30. The four parties (See Footnote) signed a joint development agreement (JDA) in November 2017 to develop the Alaska LNG project, which is [...]

1-3-19 Shell Leads Big Canadian LNG Project

Comment: Alaskan investors have have been trying to engineer an economically feasible, North Slope LNG export project for over 40 years. British Columbia, also has LNG fever.  It struggles with a half dozen economically feasible export schemes -- occasionally confounded by Aboriginal claims, environmental activist obstruction and now, low LNG prices flowing from depressed world economies and a plethora of competitive LNG projects (See CBC review below). Unlike Alaska, the overwhelming majority of worldwide LNG export projects do not carry the burden of having to finance an 800 mile [...]

12-21-18 Use These Important References to Develop Your Alaska Gasline/LNG THINKING POINTS!

A Readers' Guide to Developing Alaska Gasline/LNG Thinking Points and Policy Conclusions We believe that in fewer than a dozen pages, our critically thinking readers can come to thoughtful logical conclusions re: continuing government ownership and operation of Ak-LNG.  Merry Christmas!  -dh Last Friday's (12-14-18) Summary provides a current view of Ak-LNG ownership risks.  https://tinyurl.com/y8k5xps5 This 11-5-15 review of an Alaska special session dealing with gasline/LNG matters and increased oil taxes provides a good deal of rationale against state ownership, including important reference to unintended results. (https://tinyurl.com/y9samzdt) [...]

12-20-18 More Ak-LNG and Canadian Pipeline Unrest

Be Sure To Flag Last Friday's Omnibus Gas/LNG Review! FERC denies state request for cooperating status in EIS By: Larry Persily For the Journal Post date: Wed, 12/19/2018 - 10:42am Larry Persily. Northern Gas Pipelines photo by Dave Harbour The law doesn’t allow the Alaska Department of Natural Resources to participate as a cooperating agency in the federal environmental impact statement for the state-led Alaska LNG project, U.S. regulators said. The department had promised not to share any information with the project developer, [...]

By |2018-12-20T13:32:16-09:00December 20th, 2018|AGDC, Alaska's Fiscal Crisis, Alaskanomics|0 Comments

12-14-18 A Citizen’s View Of The Two Alaska Gasline-LNG Projects

AK-LNG & ASAP: A Citizen Considers the Risks of Continuing Government Ownership by Dave Harbour How would you cope with the smorgasbord of problems/challenges Mike Dunleavy, assumed upon being sworn in as Alaska's Governor in early December? Alaska Governor Mike Dunleavy Some of the challenges blocking Alaska’s road to economic recovery -- and obscuring its natural beauty -- include: a fiscal crisis and annual budget deficits, billions in state employee unfunded pension liability, the highest unemployment rate in the nation, growing crime, an amazingly burdensome array of [...]

12-11-18 Alaska’s Russian Neighbor On The Other Side Of The Arctic Ocean Is Now Exporting LNG

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 [...]

11-19-2018

Gasline board approves formation of holding companies Alaskajournal.com Unanimously approved by the AGDC board of directors at its Nov. 8 meeting, 8-Star Alaska LLC provides the state-owned parent corporation with a ... New governor offers hints at Alaska megaproject's future E&E News Speaking at the AGDC board of director's monthly meeting, Meyer talked about the corporation's recent discussions with Federal Energy Regulatory ... With the election over, what's next for the gas line? Anchorage Daily News The dust is settling from the Nov. 6 elections, and many people are wondering whether Gov.-elect Mike Dunleavy will [...]

By |2018-11-19T10:24:20-09:00November 19th, 2018|AGDC, Alaskanomics, Commentary, LNG|0 Comments

9-13-18 CLIMATE CHANGE LIVE EVENT TODAY!

The Heartland Institute will be live-streaming two panel discussions of scientists and climate policy experts as "counter programming" of the Global Climate Action Summit this week in San Francisco. View the live-stream at this link on our YouTube page Thursday, September 13 starting at noon PT (3 pm ET; 2 pm CT). NEWS: Alaska LNG Another Big Step For Alaska LNG COMPRESSORtech2 ... Production Inc. (ExxonMobil) and Alaska Gasline Development Corporation... “This precedent agreement is good for Alaska and ExxonMobil and ... Flag as irrelevant Positive outlook regarding short-term headwinds on transitory Permian takeaway constraints Nasdaq The [...]

By |2018-09-13T06:26:28-09:00September 13th, 2018|AGDC, LNG|0 Comments

9-11-18 Remembrance Day and Concern Re: Exxon – China – Russia

Please scroll down for an important ALERT ALERT ALERT! Canadian Headlines: Even under a drill-friendly Trump, pipeline battles rage on in the US, too  CBC.ca "There is a worrisome trend of pipeline construction projects...."  Globe & Mail Only Parliament can fix Canada's pipeline impasse Calgary Herald Nelson: Alberta's iconic entrepreneurs would be appalled today  A decade later, Alberta project aims to both capture CO2 and boost oil output U.S. Headlines: State and ExxonMobil reach agreement on preliminary gas line sales Anchorage Daily News - Sean Parnell, ExxonMobil and the state agreed to a deal that set future options for development at the Point Thomson field. The [...]

By |2018-09-11T10:36:51-09:00September 11th, 2018|AGDC, Alaska Governor Bill Walker, China, LNG, Rule Of Law, Russia|0 Comments

8-6-18 Alaska LNG Project Hires A New External Affairs Executive

AK losing ANWR $ BY CRAIGMEDRED ...The 49th state’s share of anticipated revenues from the Arctic National Wildlife Refuge (ANWR) is on the verge of being slashed by what could be close to $1 billion, and the state’s top elected officials seem strangely quiet. ...last year’s GOP-led tax cut that included a 50-50 state split of future ANWR royalty revenues ...U.S. House Committee on Appropriations approved a fiscal year 2019 Interior and Environment Bill that cut Alaska’s share of  ANWR royalty revenue to 47 percent. The other 3 percent is to be [...]

8-23-18 China Sends Alaska LNG Conflicting Signals & ALASKANOMICS

(We are grateful for the effort former Alaska Gasline Federal Coordinator, Larry Persily (Photo), devotes to consolidating LNG news relevant to Alaska.  It remains available and searchable in our archives, thanks to him.  -dh) Oil and gas news briefs for Aug. 23, 2018 China sends confusing signals for tariffs on U.S. LNG, crude oil (Radio Free Asia; Aug. 20) - China has sown confusion in international energy markets after reconsidering plans to slap tariffs on U.S. crude and liquefied natural gas. The conflicting signals reflect Beijing's uncertainty about the [...]

8-20-18

Finally, Alaska politicians may realize that a state government risks much by trying to negotiate fairly with ChiComs.... China Reportedly Probed Alaskan Networks Ahead of Governor's Trade Mission  Government Technology.  The state's Department of Natural Resources is a key state agency involved in the Alaska LNGproject that helps oversee the oil and gas industry. Story from Alaska Public Media by Rashah McChesney. ... (Priscilla Moriuchi is)  the Director of Strategic Threat Development and supervises the team at Recorded Future that put out a report on the surveillance. The report details evidence that computers at Tsinghua University [...]

8-14-18 Trouble In Canada’s Energy Sector

Oh Canada! Corbella: Saudi feud highlights Canada's lack of energy security  Calgary Herald.  “If you simply ask Quebecers — and most Canadians for that matter — 'Do you like or want pipelines? Or do you want oil in your life?' A clear majority … Your letters for Monday, Aug. 13 Calgary Herald.  Friday, as I often do, I sat at my kitchen island to read the Herald; nice to lay it flat ... Page A10, the last page of the first section, showed people in Calgary, ... Re: “Trudeau's actions have helped fuel Saudi regime,” Licia Corbella, [...]

8-13-18: DOI Set To IMPROVE Operation of Endangered Species Act for Species & Citizens … China Says Alaska LNG Deal In Doubt

  Op-Ed: At Interior, We’re Ready To Bring The Endangered Species Act Up To Date Dep. Secretary of the Interior David Bernhardt The Washington Post Aug. 9, 2018 A modern vision of conservation is one that uses federalism, public-private partnerships and market-based solutions to achieve sound stewardship. These approaches, combined with sensible regulations and the best available science, will achieve the greatest good in the longest term. Last month, the Trump administration took this approach to bringing our government’s implementation of the Endangered Species Act into the 21st century. [...]

8-8-18 Will Alaskans Let A CABAL Kill Their Economy?

Killing Alaska's Pioneering State Economy by Dave Harbour Here is a grassroots program designed to kill 49th state free enterprise.  This socialist feat is accomplished by creating an Enviro-Industrial-Governmental Cabal model with insufficient means of sustaining itself in the free market.  It reflects the same thinking that permits current Alaskan leadership to ignore prudent budgeting during a fiscal crisis while attempting to marry Alaska's future with Chinese Communist energy and finance companies in consummating an as yet infeasible LNG project.  We don't know whether to label such leadership "narcissistic", "naively well [...]

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