The Alaska Gasline Development Corp., the US state agency responsible for overseeing the Alaska LNG project, has received a major regulatory permit for its $10-billion stand-alone North Slope pipeline to supply domestic customers and feed-gas for LNG if needed.
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.
Eni, the Italian energy company that has made large natural gas discoveries in Mozambique and Egypt over the past few years, has acquired 124 exploration leases covering 350,000 acres onshore in the eastern part of the Alaska North Slope from Caelus Alaska Exploration Co., a privately-held US exploration and production company.