8-3-18 Friday Musings

Friday Musings: Commentary: Nakedness We are extremely disappointed with republican Kevin Myer and Alaska's current democrat lieutenant governor for their continuing support of Governor Bill Walker's socialized LNG export scheme.  For years we have provided evidence that in wake of lower shale-induced gas prices and extensive LNG export competition the producers have been right in proclaiming that, for an Alaska North Slope gas export project, "now is not the time".  Alaska's mostly tidewater based competitors do not have to include the cost of a massive, 800 mile Arctic gas pipeline.  [...]

8-2-18 Today’s Alaska LNG Project Realities

Today's Alaska LNG Project Realities Sinopec drops interest in managing AK LNG construction Alaskajournal.com The company has dropped its interest in managing construction of the Alaska LNG Project after traveling the 800-mile route through the state in May. LNG projects ramp up in response to growing market Alaskajournal.com Qatar plans to expand its LNG capacity by 23 million tonnes by 2023 ... Much closer to Alaska, Shell and its partners in LNGCanada are expected to ... OPINION: Trump is playing to win. Are Republicans? Alaskajournal.com The possible impact on the ultimate price of the Alaska LNGProject has been tossed around as [...]

7-31-18 Alaska Business Leader Opines On China

Alaska/China Bedfellows -Opinion- China purchases a Papa Bear's percentage of Alaska's prodigious seafood market.  No worries, though, because the interaction is largely year to year business interaction between the Communist country and a number of private sector risk takers. Alaska's governor believes that the seafood experience bodes well for his plan to finance a $40-60 billion Arctic gas pipeline/LNG project using long term contracts with China as security for a finance plan. Apples and oranges. A large number of private sector investors assume the risk that a seafood deal [...]

7-25-18 Alaska and Venezuela Have This In Common

Q.  What do Alaska and Venezuela have in common? Answer.  Both have economies that are dependent on volatile oil revenues.  Both have insufficiently diversified their economies.  Both overspent on social programs during times of high oil prices, ensuring that their economies would be unsustainable during times of low prices.  Both now spend more that their economies can afford.  Both place greater emphasis on creating new liabilities than attracting new investment.  Leaders of Venezuela and Alaska are attracted to socialized control of energy resources.   Both are experiencing fiscal crisis. Foreign [...]

By |2018-08-06T16:05:55-09:00July 25th, 2018|AGDC, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments

7-23-18 Fairbanks Gas Supply Competition

Most Relevant News For Our Readers Public Comments Due For Donlin Mine's Reclamation And Closure Plans Public comments are due for the proposed Donlin mine’s reclamation and closure plans. AK: The journey of Alaska’s go-to man in China Alaska’s does $1 billion dollars worth of trade with China every year — it’s the state’s largest trading partner. State officials: Ballot Measure 1 will make some construction projects impossible Ballot Measure 1 is intended to boost protections for salmon, but a series of state officials told lawmakers Friday… AGDC President: [...]

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: [...]

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 [...]

7-5-18 BP and COP Shuffle ANS-UK Assets Subject To Regulatory Approval

Following are COP and BP announcements of this week's plan to realign ANS and UK assets subject to regulatory approvals:  ConocoPhillips statement and link: "ConocoPhillips Signs Agreements to Sell 16.5 Percent Interest in the Clair Field in the United Kingdom and Acquire an Additional 39.2 Percent Interest in the Greater Kuparuk Area in Alaska" BP to increase share in UK’s giant Clair field and sell interest in Alaska’s Kuparuk field Increasing holding in core oilfield, west of Shetland in UK, and selling non-operating interest in Alaskan asset. Buying 16.5% [...]

By |2018-07-05T12:02:29-09:00July 5th, 2018|LNG|0 Comments

6-27-18 Corps Issues Final EIS On Smaller Of Two Government Gas Pipeline Schemes

US companies, organizations form the Global Natural GasCoalition Oil & Gas Journal.  The US Army Corps of Engineers Alaska District released the final SEIS for the proposed Alaska Stand Alone Pipeline project. The June 22 action sig. Today's Consumer Energy Alliance Links Consumer Energy Alliance Clips 06 / 26 / 2018 Marianas Variety: Solar ‘incentives’ are growing *CEA Mention – National Ever wonder why installations of household solar photovoltaic or PV systems and utility-scale solar power have surged since 2014? The declining cost of solar technology is part of the reason. But a bigger factor may be the profusion [...]

By |2018-06-28T09:11:48-09:00June 27th, 2018|AGDC, LNG|0 Comments

6-22-18

AGDC selects route for Kenai Spur Highway around LNG plant.  Kenai Peninsula Online The Alaska Gasline Development Corporation has chosen a route for the Kenai Spur Highway around its planned natural gas liquefaction plant. BP America head 'encouraged' by Alaska taxes' defeat.  KTVA BP America head 'encouraged' by Alaska taxes' defeat ... project, and the recently announced agreement with the Alaska Gasline Development Corp. Consumer Energy Alliance Week-end Energy Links New Hampshire Business Review: Tech Tidbits from Across New Hampshire New Hampshire was one of 25 states analyzed in "Incentivizing Solar Energy," a report by the [...]

By |2018-06-22T15:13:04-09:00June 22nd, 2018|AGDC, LNG|0 Comments

5-30-18 Alaskans: Unite TODAY – Canadians: This Is What We Must Do On BOTH Sides Of The Border

Rally The Troops TODAY! One of Alaska's most dedicated pioneer patriots, and a dear friend (Photo, Carl Portman), has written us this heartfelt CALL TO ACTION.  PLEASE RESPOND AND MEET TODAY IN DOWNTOWN ANCHORAGE if you are in the state's largest city.  If not, register your opinion by commenting at the Department of Interior link found here, today, before you forget!  -dh Dave: As a lifelong Alaskan raised in Fairbanks, I flew up to the “Golden Heart City” yesterday to present personal testimony supporting proposed lease sales on the coastal [...]

5-23-18 Walker Government And Xi Government Continue Alaska LNG Export Talks This Week

Gas/LNG Updates: Alaska-China Alaska mission to China kicks off with ceremony, trade talks…and speed dating/   Imagine flying all the way to China for a blind date. Or waiting for that Alaskan from halfway around the world to make the first move. In China, Alaska governor meets vice premier for trade talks.  Alaska Gov. Bill Walker along with state gas line corporation head Keith Meyer (Photo) met with Chinese Vice Premier Liu He in Beijing early Monday morning. After ending trade talks in DC with an agreement to buy, China finds Alaska looking to sell. [...]

By |2018-05-23T08:41:20-09:00May 23rd, 2018|AGDC, Alaska Governor Bill Walker, China, LNG|0 Comments

5-22-18 Big Alaska Energy Conference: Next Week In Anchorage! -and- Are Alaskans Thinking Strategically?

Dear Readers:  This is one of the most useful, timely conferences for those interested in Alaska energy issues and developments.  For those living in Canada, or the Lower 48, we know that if you attend it will have been well worth the trip!  -dh AOGA 2018 Conference and Exhibit Hall "The Great Debate" Gubernatorial Debate on Oil and Gas Issues Thursday, May 31, 2018 7:00 am to 5:30 pm AOGA staff photo, left to right: Brandon Brefczynski, Tamara Sheffield, Kara Moriarty, Joshua Kindred. Dena'ina Civic & Convention [...]

5-21-18 BP – ConocoPhillips Talks – Enviro Activists Caught Lying

Alaska trade delegation leaves for China for more business opportunities.  Xinhua.  The group includes the Alaska Gasline Development Corp, which is the state's major energy infrastructure developer, seafood companies, a baby food ... LNG/Gas News Briefs Courtesy: Larry Persily Larry Persily. Northern Gas Pipelines photo by Dave Harbour Oil and gas news for May 21, 2018 Anadarko closes in on financing for Mozambique LNG project (Reuters; May 18) - Anadarko Petroleum is seeking to raise a record $14 billion to $15 billion from banks and export credit agencies for [...]

5-15-18 Asian LNG Projects Involve Saving/Losing Face

Troublesome Alaska Gas Pipeline/LNG Issues Involve the Saving/Losing of "Face" Opinion by Dave Harbour Understanding Asian culture and customs is critical for creating durable Asian business relationships Alaska has historically enjoyed business relationships with various Asian countries, including China, the Republic of Korea (ROK) and Japan.  These relationships have traditionally evolved among private buyers and sellers of Alaska's natural resources, including minerals, liquefied natural gas (LNG), timber and seafood products.  In some of these cases, government officials have used their 'bully pulpits" usefully: to diplomatically support these transactions, but [...]

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