Alaska Governor Parnell Signs Alaska LNG Project Legislation
Posted on May 9, 2014 in LNG Exports, State and Local Issues | Comments Off on Alaska Governor Parnell Signs Alaska LNG Project Legislation
The Alaska Journal of Commerce reports that Alaska Governor Parnell signed legislation yesterday enacting the state’s participation in the Alaska LNG Project with producers BP, ConocoPhillips and ExxonMobil, and pipeline company TransCanada. The project consists of the construction of a pipeline to access North Slope gas supplies with an interconnection to a proposed liquefaction facility and LNG export terminal in Nikiski, on Cook Inlet, AK. According to the article, the project schedule calls for a decision on construction in 2019 and operations to begin in 2024. The Project would produce 15 to 18 million tons of LNG per year to be exported to Asia.