LNG

Hilcorp Energy of the US, a major operator on Alaska's North Slope after the departure of UK major BP from the state, is now set to take over operations of the largest natural gas field run by ExxonMobil Corp. and which would underpin any future Alaska LNG export project.

A new North American LNG company said it was proposing to build a $12 billion LNG export plant in Southeast Alaskan waters near the Canadian port of Prince Rupert in British Columbia.