Alaska Pipeline Project Files Open Season Document

Anchorage, AK - Acting Federal Coordinator Tom Barrett made the following statement today about the Federal Energy Regulatory Commission (FERC) open season package submittal by the Alaska Pipeline Project, a joint partnership of TransCanada and Exxon Mobil:

"Today's FERC filing of an open season package by the Alaska Pipeline Project (APP) further advances the Alaska natural gas pipeline project. The APP package included the FERC required In-State Gas Demand Study which provides a projection of the potential Alaska demand for natural gas. This study is a key component of the FERC open season process and can be used by both applicants.

"APP also expressed positive conviction about the future opportunity in the North American and global markets for Alaska's natural gas. Arctic gas has been in the background for the U.S. energy supply for over 30 years; there just hasn't been a way to move it to the lower 48. I am pleased to see the APP, and other organizations like the Energy Information Administration, American Gas Association, Interstate Natural Gas Association of America, and America's Natural Gas Alliance, continue to include Alaska's gas as a necessary part of the future U.S. energy supply.

"The U.S. economy and jobs are on the minds of all Americans. The Alaska natural gas transportation project will provide economic, energy and environmental security to our nation. Throughout the life of the project, it will create tens of thousands of direct and indirect well paying jobs. This project is also one of the largest privately financed projects in the history of North America, with a value of over $30 billion. The announcement by APP, along with Denali's announcement last week pushing their filing up to April, shows real progress for the project."

For more information on the APP filing or the FERC open season process, visit the FERC website at www.ferc.gov/industries/gas/indus-act/angtp.asp.

The Office of the Federal Coordinator for Alaska Natural Gas Transportation Projects (OFC) was established by Congress in 2004 to expedite and coordinate federal permitting and construction of a pipeline and enhance transparency and predictability of the federal regulatory system to deliver natural gas from the Arctic to American markets. The OFC coordinates with over 20 federal agencies, the Canadian federal government, the State of Alaska (which leases all the known natural gas reserves and owns portions of the right of way), tribal governments and other stakeholders.

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