Thursday, January 29, 2015

Project FERC Filings and More

The sleepy AK LNG project is generating a flurry of FERC filings.  None are monumentally interesting or overly informative, but if you are following the project take a look and enjoy the filings:

1) Summary of the 10/29/14 telephone conversation re  Alaska Gasline Development Corporation's Alaska LNG Project under PF14-21

2) Summary of the 10/28/14 Telephone conversation re Alaska Department of Natural Resources' Alaska LNG Project under PF14-21

3)   Summary of the 2014-January-2015 conference call between FERC Staff, Alaska LNG Project Staff et al re the Bi-Weekly Pre-filing Process conference call for the Alaska LNG Project  under PF15-21.

4)  Summary of the 10/27/14 Interagency Meeting re laska Gasline Development Corporation's Alaska LNG Project  under PF14-21.

5) Summary of the 10/30/14 Telephone conversation re Alaska Gasline Development Corporation's Alaska LNG Project under PF14-21.

This sounds chilling (i.e. what fresh regulatory horrors are brewing?):

  • In addition, the project will require an Alaska National Interest Lands Conservation Act section 810 evaluation. (BLM and the DOI)
  •  There is a new arctic policy, which this project will be the test case for its development. This policy is an integrated approach to approving development or projects in the arctic region. This group is wondering how to integrate its process into the National Environmental Policy Act process. (DOI)
 6) Alaska LNG Project Monthly Pre-Flining Status Report No. 4 (December 2014)by Alaska Gasline Development Corporation, BP Alaska LNG LLC,ConocoPhillips Alaska LNG Coompany, ExxonMobil Alaska LNG LLC, & TransCanada Alaska Midstream LP under PF14-21.

7) Alaska LNG Project - Community Meetings Summary Letter by Alaska Gasline Development Corporation, BP Alaska LNG LLC, ConocoPhillips Alaska LNG Company, ExxonMobil Alaska LNG LLC, TransCanada Alaska Midstream LP under PF14-21.

Other News: H.R. 351, The LNG Permitting Certainty and Transparency Act  passed the House of Representatives with a vote of 277-133.  Bill Link

Sunday, January 18, 2015

Dream Killer?

I guess we're all waiting for the new governor to show some sign that the Alaska LNG project is still on track.  Early indications are not good:

Amanda Coyne Link

Monday, January 12, 2015

This Just In..................

No (productive) Alaska LNG news these days so here's some news of a North Slope producer with plans to build 15 - 30 MTPA of capacity in British Columbia:

Globe and Mail Exxon plans to spend up to $25-billion to export B.C. LNG

Project Description

It's early days, but Alaskans need to take note and let this one soak in. The investment and project magnitude is on par with Alaskan LNG, but Exxon / Imperial are moving forward in B.C.

Early days, but British Columbia may beat Alaska in the LNG race.

Friday, December 5, 2014

Parallel Universe - Canadian LNG Blues

Canadian LNG projects are similar to The Alaska LNG effort with some upstream and climatic differences. (LINK TO LNG-N-BC)

A week ago I would have predicted success for the Petronas led Pacific Northwest LNG project but apparently the project economics are not meeting client expectations (Globe and Mail Link). 

At 19.2 MMTPA, the PNW LNG project has about the same capacity as the Alaska LNG project. Gas is supplied to the PNW project via the Prince Rupert Gas Transmission Project which is 560 miles long (240 miles shorter than the Alaska LNG project).  Unlike Alaska, significant upstream development is required to provide gas to the PNW pipeline.

A final investment decision was due this month.

LINK to Map of BC Gas Pipelines

LINK to BC LNG information (BC Environmental Assessment Office website)

LINK to PNW Data

PETRONAS statement regarding LNG development in British Columbia

Quote: PETRONAS and its partners have decided to defer the project’s $36 billion Final Investment Decision (FID) pending further clarity on substantive items of importance to ensure that critical project components align with economic viability of the Project and competition from other LNG producing countries. Costs associated with the pipeline and LNG facility remain challenging and must be reduced further before a positive FID can be undertaken.

ASAP Update

Supplemental environmental impact statement (SEIS) documents are available HERE.

Summary of design changes (page 15 of the presentation)

Sunday, November 30, 2014

SOA Alaska LNG Project Current Highlights - Presentation

State of Alaska LNG Project Current Highlights - Presentation

Slowww progress - expect some real news by August 2015 (see page 5 Public Release of Agreements)