Today marks a significant milestone in the process to build the Alaska Gas Pipeline. TransCanada and ExxonMobil (Alaska Pipeline Project - APP) have announced (LINK) the beginning of the open season.
Two options are on the APP menu - Pipeline to Alberta, or Pipeline to Valdez for a future LNG plant.
Later this year the Denali Pipeline (LINK) will get cracking with their open season for a competing pipeline to Canada.
The score so far for those playing the game at home:
TransCanadaExxonMobil (APP) Using other peoples money (AGIA) +1, First Open Season +1, Multiple Options including an All Alaska option +1 (Subtotal +3). Denali Pipeline: Still in the game +1, Second out of the chute -1, no all Alaska option -1 (Subtotal -1). Both projects get a -1 for failing to join up and push for one project.
Side note - An 18 month stretch of mega overtime (OT) is coming to an end for me, so I have more time to devote to fishing, and attending to this blog. I've been in the constant OT game for over a decade and I'm look forward to some 3 day weekends. On the other hand - I'd like to see a pipeline project slide into gear. With a bit of luck that might just happen. Your thoughts are always appreciated- Thanks.
Thursday, April 29, 2010
Open Season - It's a Go!
Posted by AK Engineer at 5:05 PM
Labels: AGIA, Alaska Gas Pipeline, BP, CONOCOPHILLIPS, Denali Pipeline, ExxonMobil, LOTS AND LOTS OF MONEY, TransCanada, TSX, XOM
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1 comment:
Hey, you should check out what Bill Walker has to say.
He's running for governor on the republican ticket and his plan is to build what 138,000 Alaskans voted for 2002; an All-Alaska gas line. Built, owned, and operated by Alaskans, for Alaskans.
Check out his web site: billwalkerforgovernor.com
Just so you know, I do help out with Bill's campaign and I really think you might agree with him stance on some issues.
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