Joint Resources Committee Meets for Update on State Energy Projects
Members received an update on the status of current projects as well as a report on LNG 17
ANCHORAGE—This week, the Joint Senate and House Resources Committee met in Anchorage to receive an update on Liquefied Natural Gas (LNG) projects around the state as well as a report on the 17th International Conference and Exhibition on Liquefied Natural Gas (LNG 17). The LNG international conferences began in 1968 and are held every three years, alternating between producer and consumer nations. The conference took place this year in Houston, Texas from April 16th through the 19th with several of Alaska’s Legislators and members of the Administration in attendance.
“LNG 17, with 40 conference sessions, covering every aspect of this fast-paced industry, provided an ideal knowledge-sharing platform and learning opportunity,” said Senate Resources Chair, Cathy Giessel, R-Anchorage Hillside/Turnagain Arm/North Kenai. “Today, it was phenomenal to be able to share that information with all of our colleagues on the Resources committees so that we can be more informed and more effective in policy decisions that deliver affordable energy to Alaskans.”
Today’s meeting featured several distinguished speakers with detailed presentations, some of which can be viewed here. The Federal Coordinator for Alaska Natural Gas Transportation projects, Larry Persily, started the morning with a description of changes in the global LNG market. Next, presentations were made by Department of Natural Resources Commissioner Dan Sullivan and Deputy Commissioner Joe Balash, followed by Alaska Oil and Gas Conservation Commission (AOGCC) Reservoir Engineer, Dave Roby.
“Alaskans are justly proud of our record of supplying energy to the state, nation and world,” said House Resources Co-Chair Dan Saddler. “As global gas markets change and evolve, it is important that we in the Legislature keep up with developments in LNG Resource assessment, permitting, production, marketing, transportation, and financing.”
Government Affairs and Pipeline Engineering Manager Frank Richards from the Alaska Gas Development Corporation (AGDC) gave a presentation on the progress of Alaska’s In-State Gas Pipeline, known as ASAP, including how several key pieces of legislation passed by the Legislature this year are now moving the project forward.
South Central LNG Working Group (SCLNG) Manager Steve Butt also gave an overview on LNG projects and how the concepts are progressing for the liquefaction plant, the producing fields, storage tanks, gas treating and the pipeline.
The meeting was rounded out by two speakers from Resources Energy, Inc., Vice President and General Manager Mary Ann Pease and Advisor Yutaka Nagashima, on a feasibility study for the LNG projects in Alaska. Their study concluded that Alaska was the optimal place from which to acquire gas.
Senator Giessel noted, "Our Senate and House Resources committees focus on Alaska's future. We know that affordable energy is Alaska families' security. We are driven by the desire to supply natural gas and its other products to Alaskans first, then the world beyond."
In addition to Senator Giessel and Representative Saddler, Senators Fred Dyson (R-Eagle River), Anna Fairclough(R-East Anchorage/Eagle River), Click Bishop, (R-Fairbanks) and Representatives Craig Johnson (R-Anchorage), Mike Hawker (R-Anchorage), Paul Seaton (R-Homer), Peggy Wilson (R-Wrangell), Tammie Wilson (R-Fairbanks), Geran Tarr (D-Anchorage), Chris Tuck (D-Anchorage), and Andy Josephson (D-Anchorage) were all in attendance.
For more information, please contact Sharon Long in Senator Giessel’s office at (907) 269-0181
Posted: May 31, 2013