The Alaska LNG Project
Last Update: January 15, 2014:
Check back soon for a redsign of the project page with additional information and features.
On, the state of Alaska and the four companies planning the Alaska LNG project released agreements that aligned their interests in principle and set the stage for the project to proceed toward engineering, design and permitting work over the next two years. Under the agreements, the state would become an equity investor in the project.
On, ExxonMobil executives — a top marketing boss and the Alaska LNG project leader — told an Anchorage audience that the proposed $45 billion to $65 billion development can find long-term customers in the growing Asia-Pacific market despite the inherent challenges of a tremendously expensive project.
On, sponsors of the Alaska LNG project – ExxonMobil, BP, ConocoPhillips and TransCanada – said they had identified Nikiski, an industrial town 60 air miles southwest of Anchorage on Alaska’s Kenai Peninsula, as the lead site for location of the proposed liquefaction plant and export terminal.
On, the CEOs of ExxonMobil, ConocoPhillips and BP wrote to Alaska Gov. Sean Parnell to say they are working with TransCanada to reassess a liquefied natural gas export project from Alaska "as a result of the rapidly evolving global market."
On, and on , the four companies updated Gov. Parnell on their initial work assessing an LNG export project.
Their early concept envisions a $45 billion to $65 billion project that includes a gas treatment plant on Alaska's North Slope, a roughly 800-mile pipeline, and a liquefaction plant with LNG storage and a two-berth tanker terminal at a site in Southcentral Alaska to be determined.
The export plant would have the capacity to make 15 million to 18 million metric tons of LNG annually, the equivalent of 2 billion to 2.4 billion cubic feet a day of gas.
The pipeline would carry 3 billion to 3.5 billion cubic feet per day from the North Slope fields, with Alaskans consuming some gas along the way and other gas consumed to run the pipeline and liquefaction plant.