Alaska LNG Pipeline Project on Track Despite Slow Progress
11/21/2016
ANCHORAGE (AP) – Alaska’s pipeline project is slowly transferring to state leadership but could reach its goal before next year.
The Alaska Journal of Commerce reports the $45 billion Alaska LNG Project would export natural gas.
Alaska Gasline Development Corp.’s board of directors heard an update on the project Nov. 10.
Corporation President Keith Meyer told the board that though a self-imposed deadline of Oct. 31 passed without a signed agreement, he doesn’t see anything that will stop the process.
He said negotiations are continuing and a Dec. 31 goal is achievable.
BP, ConocoPhillips and ExxonMobil have partnered with the state on the project.
Most of the year has been spent working toward transferring to a state leadership model.
Related News
Related News
Sign up to Receive Our Newsletter
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
Comments