Saturday, July 1, 2017

KOGAS MOU

Finally - An agreement with an actual LNG Customer.

The Alaska Gasline Development Corporation (AGDC) has announced signing of a Memorandum Of Understanding (MOU) with the Korea Gas Corporation (KOGAS).

AGDC LINK

The AGDC announcement is sparse on details like volumes, cost and schedule.

After so many false starts it would be easy to write this off as just one more announcement that goes nowhere, however KOGAS is a big customer of Qatar and recent events should drive any rational LNG buyer to the conclusion to shift volumes outside of the Qatar / Saudi Arabia conflict region. 

Friday, August 26, 2016

Senate Resources Committee documents : August 2016

Follow the excitement as the biggest project in the world pivots from private ownership to State ownership and possible financial ruin:

LINK 8/25

LINK 8/24

LINK - HOUSE

LINK - SENATE 

 

 

Thursday, August 25, 2016

Alaska LNG Competitiveness Study

Link:  Alaska LNG Competitiveness Study

SoA case looks like the only viable option now provided the State position expands.




Sunday, March 27, 2016

U.S. Gulf Coast just got closer to Asia

LNG produced on the US Gulf Coast is about to move closer to Asia.  This negatively impacts the competitiveness of the Alaska LNG project.

Link

Friday, February 19, 2016

Pacific NorthWest LNG

Pacific NorthWest LNG continues to make progress while AK LNG falters.

"The Canadian Environmental Assessment Agency (CEAA) released its draft environmental assessment report and proposed conditions for the Pacific NorthWest LNG project."

Link to the draft environmental assessment report.

Sunday, January 31, 2016

Alaska Gas Pipeline / LNG Project Presentations

Link to Recent Presentation made to the Alaska State Legislature:

Project Presentations (Steve Butt)

Find more at (LINK)

Governor Walker's Ultimatum Letter to Producers
 

Saturday, October 3, 2015

TC IN or OUT

The State of Alaska is struggling to get the gas pipeline and LNG project back on track.  A new report by Black and Veatch lays out the risk, cost and advantages of moving forward without TransCanada (TC).  LINK TO REPORT.

The participation of TC is a legacy of the Palin years and the AGIA process.  Governor Parnell ended AGIA and now Governor Walker is looking to buy out TC.

The world has moved on over the years and soon interest rates will increase and weed out marginal projects like the Alaska LNG project. The project is not a project without customers willing to commit to buying the product.  Maybe the time is right for the State to tidy up the partnership, get aligned and pull the project out of the ditch before it is too late.