Alaskanomics Archives - Page 4 of 18 - Northern Gas Pipelines

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 [...]

By wpnorthern|2019-01-07T16:36:14-09:00January 7th, 2019|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, LNG, Pedro van Meurs, You Read It Here First|0 Comments

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 [...]

By wpnorthern|2019-01-04T09:52:38-09:00January 3rd, 2019|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Commentary, Competition, Control Government Spending, History, LNG, NPR-A, Ocean Policy, TAPS and North Slope Oil|0 Comments

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) [...]

By wpnorthern|2018-12-21T13:06:02-09:00December 21st, 2018|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Alyeska Pipeline Service Company|0 Comments

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 wpnorthern|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 [...]

By wpnorthern|2018-12-18T06:52:59-09:00December 14th, 2018|AGDC, AIDEA, Alaska Governor Bill Walker, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, China, Commentary, Federal Coordinator, FERC, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, Japan, Korea, LNG, Mackenzie Valley Oil & Gas Pipelines, NARUC, Reader Comment, Trump Administration Energy Initiatives|0 Comments

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 [...]

By wpnorthern|2018-12-11T15:46:38-09:00December 11th, 2018|AGDC, AIDEA, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Commentary, ConocoPhillips, LNG, Russia|0 Comments

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

9-12-18 Special Commentary For Oil & Gas Decision Makers, Custodians of Shareholder Wealth

FERC approves Kenai Borough as intervenor in Alaska LNG By Larry Persily Sept. 12, 2018 All three Alaska municipalities vying for a multibillion-dollar natural gas liquefaction plant and marine terminal are now intervenors in the federal regulatory process, giving each the legal right to challenge Federal Energy Regulatory Commission (FERC) decisions on the proposed Alaska LNG project. ... Scroll down for Persily's full story below (Larry Persily, Northern Gas Pipelines photo by Dave Harbour) Our comment: In Alaska only the oil & gas industry must pay a special, state-wide property [...]

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 [...]

By wpnorthern|2018-09-11T09:12:02-09:00September 6th, 2018|AGDC, Alaska Governor Bill Walker, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, ConocoPhillips, Interstate Gas, LNG, Russia|0 Comments

9-5-18 Proper land management can protect the environment, economy and rule of law -dh

Our opinion: Nationwide--including Alaska and California--national forest and park lands and land monuments should be physically and scientifically managed in a way that best supports sustained yield management. Ironically, this scientific approach not only contributes to jobs and economic strength, but also best protects the environment when pursued in accordance with well established permitting regulations. It also protects against erosion of the rule of law. -dh The LA Times Inadvertently Admits Trump Is Right About What’s Causing California’s Massive Wildfires https://dailycaller.com/2018/09/02/la-times-trump-california-wildfires/ Adopting more active forest management policies such as [...]

By wpnorthern|2018-09-05T12:25:37-09:00September 5th, 2018|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Global Warming, LNG, Rule Of Law|0 Comments

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 [...]

By wpnorthern|2018-08-23T11:35:19-09:00August 23rd, 2018|AGDC, AIDEA, Alaskanomics, China, Interior Energy Project (IEP), LNG, Trump Administration Energy Initiatives|0 Comments

8-22-18 Alaskans: Join A Trade Mission to Mongolia!

Our Friend, Debbie Franklin in Anchorage's Department of Commerce export assistance office sends us today this invitation to do business in Mongolia: For our Alaska readers: Expand your business into Mongolia! Alaska and Mongolia share similar geography, Arctic climate, isolated rural population and a vast mineral wealth. These commonalities and the similar challenges both face, allow for a better understanding of each other. Mongolia is a stable democracy sandwiched between China and Russia, and is supportive of the U.S. Alaska and Mongolia have formalized their relationship through two programs. [...]

By wpnorthern|2018-08-22T13:50:26-09:00August 22nd, 2018|Alaskanomics, China, LNG|0 Comments

7-20-18 Alaska’s Socialist LNG Export Project

What about competitive position of the Alaska LNG idea? The greatest, current competitive failing of the Alaska government LNG project -- aside from its crippling socialist model -- is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects. In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times. -dh Today's Alaska LNG News and Our Comment: [...]

By wpnorthern|2018-08-16T17:24:43-09:00July 20th, 2018|AGDC, Alaska Governor Bill Walker, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, China, Commentary, Competition, Crony Capitalism, FERC, Interstate Gas, LNG, Russia|0 Comments

7-17-18 ConocoPhillips Continues To Expand Alaska North Slope Oil Wealth Resource

ConocoPhillips Expects Another Active Exploration and Appraisal Season in 2019 “We believe that the company’s Alaska plan aligns with our disciplined, returns-focused strategy, supports Alaska’s economy and creates significant value for shareholders,” said Ryan Lance, chairman and chief executive officer (Photo). “Alaska provides competitive investment opportunities and will generate profitable growth from diversified investments with significant exploration upside. We are proud of the value we create for the State of Alaska through the revenues we generate, the jobs we create and the community investments we make. Our shareholders realize [...]

By wpnorthern|2018-07-17T11:13:19-09:00July 17th, 2018|AGDC, Alaska's Fiscal Crisis, Alaskanomics, China, Commentary, LNG, You Read It Here First|1 Comment

6-20-18 The Show (Archive) Must Go On!

We've been laying low for several weeks due to shoulder replacement surgery and related issues...for which we thank readers' patience. We're slowly repairing, able to type a little and now focused on adding appropriate northern energy content into our searchable archives as before. -dh BIG NEWS TODAY: Trump repeals Obama's destructive, duplicative Ocean Policy E.O. See this letter from the National Ocean Policy Coalition below, column right. -dh Today's Latest Northern Energy News: Oil, Gas & LNG Readers: Download the "six behaviors" below for important [...]