Joe Dubler. NGP file photo by Dave Harbour AGDC downsizing function based, Joe Dubler tells House Resources Kristen Nelson, Petroleum News The Alaska Gasline Development Corp. announced a restructuring and downsizing July 10. On July 19, Joe Dubler, AGDC’s interim president, provided a required update to the House Resources Committee. He said changes at AGDC were a “right sizing” of the corporation to meet directions of its board of di.... More here....
State answers FERC questions about Cook Inlet pipeline crossing By Larry Persily firstname.lastname@example.org June 4, 2019 Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo by Dave Harbour. The state-led gas line development team has told federal regulators it is confident the Alaska LNG project’s steel pipeline could withstand Cook Inlet’s strong currents, shifting seabed and traveling boulders along the 29-mile underwater route to the gas liquefaction plant in Nikiski, on the Kenai Peninsula. The water-crossing information is among the remaining batches of answers the Alaska Gasline [...]
Breakenridge: High gasoline prices in BC could drive a pipeline solution. Calgary Herald. With gasoline prices in B.C.'s Lower Mainland setting record highs, Kenney took to Twitter to declare that “the solution to B.C. soaring gas prices is ... Junior producer cites gas prices, tax bills, court decision as it shuts down. Calgary Herald. ... on low natural gas prices and high lease and property tax bills, along with capacity constraints on TransCanada Corp.'s NGTL gas pipeline system. Public hearing on Bill C-48's oil tanker ban set to begin Edmonton. CBC.ca. Public hearing on Bill C-48's oil tanker ban set to begin Edmonton [...]
Michael J. Dunleavy in Special Dialogue... Dan Yergin, NGP file photo, by Dave Harbour (NARUC). ...with Dr. Daniel Yergin, Vice Chairman IHS Markit 24:19. (Note: Your publisher first met Dr. Yergin in the 1970s when the latter was a rising star in the energy/environmental consulting field.) Report: On Friday, March 22, 2019, Alaska Governor Michael J. Dunleavy addressed a crowded room at the international energy conference known as CERAWeek, an annual gathering in Houston, TX attended by more than 4,500 individuals from over 70 countries and regions. [...]
Correction: in our recent email alert we rightly associated Anchorage property taxpayers with proposed bonded indebtedness but inadvertently associated property taxpayers with a proposed liquor tax. -dh Lest We Forget: Alaska Once Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour TRANS ALASKA PIPELINE SYSTEM (TAPS) Thirty-Eight years ago today, Alaska created what was to be two decades of "quasi"-fiscal stability. We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking more revenue. But let us begin the story this way. [...]
Nikiski awaits decision on LNG pipeline project location. Homer News. Nikiski awaits decision on LNG pipeline project location ... LNG project — a planned 806-mile pipeline that would carry natural gas from the North ... progress on the Alaska Stand Alone Pipeline has been halted due to the shutdown, ... Dozens stop traffic in downtown Charlottetown for Native Council solidarity rally. CBC.ca. ... of the Wet'suwet'en Nation in northern B.C., who have been protesting the construction of a natural gas pipeline on their traditional territory. "We are ...."
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
9-10-18 JUNEAU’S BIZARRE OIL PROTEST – AND – 9-11 Is Patriot Day Everywhere In the US, Except Governor Bill Walker’s Alaska
On Saturday, we observed 9-11 and honored all national defenders and first responders with BIG-HEARTED patriots in small town, USA! AFTERNOON NEWS ALERT: Through a Letter of Understanding signed today, the Department of Natural Resources, ExxonMobil, and BP agreed to terms to better align the settlement with the Alaska LNG Project. The agreement effectively stays the year-end 2019 deadline as long as the project continues to progress. The extension will end when the Alaska LNG Project reaches final investment decision, or when DNR notifies the parties [...]