News

February 24, 2015
The draft "resource reports" that Alaska LNG submitted to federal regulators include maps of the potential pipeline route and land ownership, a pretty detailed discussion of construction plans, descriptions of fisheries and vegetation along the route, and identification of seismic hazards in the project areas. The reports — which an Alaska LNG team member described to Alaska state legislators Feb. 18 as "a skeleton" — are the first of two drafts the sponsors will submit to the...
February 18, 2015
SINGAPORE - Beware the attraction of the proverbial "window of opportunity," a speaker warned at an Asia-Pacific LNG conference in Singapore. Rushing a liquefied natural gas export project to jump through the perceived open window can hurt. "I've been around long enough to know to give very low credence to LNG windows," said Vivek Chandra, a 24-year veteran of the international gas business and CEO of Texas LNG, one of several U.S. Gulf Coast LNG hopefuls. Source: Osaka Gas Total global LNG...
February 11, 2015
The Alaska LNG sponsors Feb. 10 filed their first round of draft environmental and project design reports- known as "resource reports" — with federal regulators, moving to the next step in the environmental impact statement process. The 12 reports, totaling about 3,700 pages, are the "pencil version" of the draft resource reports, Alaska LNG project manager Steve Butt told state legislators Jan. 30. An updated set of draft baseline data and impact reports — the "pen version,"...
December 17, 2014
In their first feedback on Alaska LNG's preliminary construction plans, federal and state agencies raised dozens of questions and issues they want to make sure are covered as the project sponsors progress with design and environmental analysis. The agencies on Dec. 11, 2014, asked sponsors of the multibillion-dollar project for more information about where they plan to get construction gravel, how they plan to lay a pipeline across Cook Inlet and what kind of wear and tear state roads and...
November 20, 2014
The Department of Energy received 27 comments by the Nov. 17 deadline on Alaska LNG's application to export North Slope natural gas to customers worldwide. Of the comments, only one raised relevant objections and more than 20 were supportive. The response was significantly less than what the department has received on multiple applications for LNG export projects in the Lower 48 states in recent years. The Sierra Club protested the Alaska LNG application, just as it has Lower 48 gas export...
November 7, 2014
TOKYO - Asian LNG consumers said the market has taken its first steps away from costly oil-linked pricing and other contract terms they have chafed under in recent years, and they anticipate further, more extensive reforms in the coming years. Liquefied natural gas producers acknowledged the marketplace is indeed evolving but that a fundamental truth underpins the industry: New LNG export projects are extraordinarily expensive and need the support of high enough prices to justify undertaking...
October 21, 2014
Alaska LNG has scheduled 12 open houses across Alaska over the next few weeks to explain the project to the public, provide information and answer questions about the multibillion-dollar natural gas development that will span the length of the state. Federal Energy Regulatory Commission officials will attend the meetings as part of the agency's effort that will include preparing an environmental impact statement for the project. FERC approval will be required to construct and operate the North...
October 1, 2014
The Alaska LNG project in recent weeks assembled a 130-person team to lead the project, settled its staff into offices in three cities and entered into deep negotiations with a multitude of companies that will do much of the muscular design and permitting work over the next 18 months. Those were key takeaways from a presentation that Steve Butt, head of the Alaska LNG team, delivered to a joint meeting of the Alaska House and Senate Resources Committees on Sept. 29 in Anchorage. Under a 2014...
September 30, 2014
Asian buyers discussed what they want before committing to purchase liquefied natural gas. Asian investors discussed what they need before writing checks for LNG export projects. And most everyone talked about the uncertainty that buyers and sellers, investors and developers face in today's global LNG market. More certainty would help both LNG project developers and their customers, but the market is just not settling down that quickly after recent years of strong demand growth, rising prices...
September 9, 2014
Last Update: September 12, 2014Alaska LNG project sponsors filed Sept. 5 with the Federal Energy Regulatory Commission to begin the lengthy environmental and safety review required for federal authorization to build and operate the proposed $45 billion to $65 billion project that includes a pipeline across Alaska and a liquefied natural gas plant at Nikiski. The application to FERC asks the commission to accept the project for what is known as the "pre-filing" process. The companies' proposed...
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