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.
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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
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