Alaska’s economy has relied on oil almost since statehood, and that reliance has led to multiple booms and busts in an economy based on one commodity. What have we learned, what have we done, and is our future looking any more stable?
Thailand’s national oil company PTT signed a cooperation agreement to buy one-tenth of Alaska LNG’s export capacity, once the gasline is built.
The Alaska Gasline Development Corporation signed a gas sales precedent agreement with London-based Pantheon Resources to fill a pipeline from just south of Prudhoe Bay to Cook Inlet.
The governor met with Japanese companies, utilities, and government ministries about procuring Alaska’s natural gas and possible future fuels.
Speakers at the Alaska Sustainable Energy Conference envision great potential for renewable sources—but not for the next couple of decades.
A North Slope natural gas pipeline will become financially competitive around 2028, according to a consultant’s report for the Alaska Gasline Development Corporation.
Beyond 5G wireless in Prudhoe Bay, GCI envisions a telecommunications backbone to new renewable energy industries in Alaska.
The Matanuska-Susitna Borough has asked the Federal Energy Regulatory Commission to redo the final environmental impact statement and reconsider its decision for the proposed Alaska LNG project, correcting what the borough alleges are factual errors and deficiencies that prevented fair consideration of municipally owned Port MacKenzie property for the gas liquefaction plant and marine terminal.
The Alaska Gasline Development Corporation, which has been leading the proposed multibillion-dollar Alaska North Slope natural gas project since late 2016 wants someone else to take over the development effort.
The most daunting task ahead of AGDC is bringing investors on board and proving to the legislature that the pipeline is economically viable.