The Alaska LNG project has competition.
Alaska’s major oil and gas players (and some newcomers) are investing their faith and money in the Alaska Arctic with new and ongoing projects.
The most daunting task ahead of AGDC is bringing investors on board and proving to the legislature that the pipeline is economically viable.
The US Army Corps of Engineers and Bureau of Land Management (BLM) signed a joint record of decision for the Alaska Stand Alone Pipeline Final Supplemental Environmental Impact Statement.
The state’s gas pipeline development corporation and the Matanuska-Susitna Borough continue debating the worthiness of the borough’s Port MacKenzie property for the proposed Alaska LNG project, as the state’s latest filing with federal regulators accuses the borough of “factual and legal errors.”
US Senator Lisa Murkowski chaired the Energy and Natural Resources Committee’s first hearing of the 116th Congress, to examine the outlook for energy and minerals markets. The hearing featured witnesses from the Energy Information Administration (EIA), ClearView Energy Partners, the R Street Institute, Bloomberg New Energy Finance, and Benchmark Mineral Intelligence.
There’s been positive news coming out of Alaska’s onshore and offshore Arctic oil operations.
The Alaska Gasline Development Corporation (“AGDC”) and BP Alaska announced an agreement on key terms of a gas sales agreement, a major step forward for the Alaska LNG Project.
The gasline is a vital component of Alaska’s future and has the ability to transform our economy.