LNG

The Alaska Gasline Development Corp., the US state agency responsible for overseeing the Alaska LNG project, has scheduled a board meeting for March 6 to consider a project analysis and to decide on the future path of the venture.

Alaska Governor Michael J. Dunleavy will travel to Washington DC to meet President Donald Trump on December 13 and is expected to discuss the state’s liquefied natural gas export project and the importance of Chinese investment from companies such as China Petroleum and Chemical Corp., known as Sinopec, and Chinese banks.

Alaska Gasline Development Corp., the state-owned company developing the Alaska LNG project, is expected to sign a final joint development agreement with Chinese companies and banks by the end of the first quarter of 2019.

Alaska Gasline Development Corporation (AGDC), the state-owned company developing the Alaska LNG project, has signed additional agreements to underpin Chinese participation in the venture.

ExxonMobil has signed a preliminary accord for the sale of its 13.8 trillion cubic feet of natural gas resources in the Prudhoe Bay and Point Thomson fields of Alaska's North Slope to Alaska Gasline Development Corp., the state-owned body leading the development of Alaska LNG.

June 25 (LNGJ) - Alaska Gasline Development Corp., the state body leading the Alaska LNG project, said the US Army Corps of Engineers has released a final environmental impact statement for Alaska’s stand-alone pipeline project. The Alaska pipeline will be 733 miles long and connect a conditioning facility at Prudhoe Bay in North Alaska to the city of Fairbanks. Design work began in 2010 to address potential gas shortages in Alaskan towns and cities. “The project is the culmination of extensive engineering and environmental work conducted under the management of AGDC,” said AGDC President Keith Meyer. The pipeline approval is separate from the proposed larger diameter pipeline and export facility for Alaska LNG. “The AGDC elected to continue to pursue the pipeline regulatory process to completion to have an assured alternative to provide gas to Alaskan communities, and to help expedite approval of Alaska LNG,” added Meyer.

Alaska LNG, the project to export the state’s North Slope natural gas resources to Asia, has reached an agreement with BP of the UK and Alaska Gasline Development Corp. on feed-gas supplies, including price and volume.

Alaska Gasline Development Corp., the state body charged with the planning and construction of the Alaska LNG export project, said it had submitted its final responses to post-application data requests made by the US Federal Energy Regulatory Commission regarding the venture that has attracted huge interest from Asian buyers.

Alaska LNG has signed an accord with Japanese utility and importer Tokyo Gas for the sale of cargoes as well as a commitment to explore other opportunities for the Japanese in the project to use feed-gas from the US state's North Slope for processing at a large-scale liquefaction plant.

China says the US state of Alaska is making serious efforts to become a stable supplier of liquefied natural gas for Chinese import terminals from the liquefaction project planned by Alaska Gasline Development Corporation.