OK, we're off to the races with a non-binding open season intended to gauge buyer interest in Alaska gas. Pardon me if I'm not too excited, but this is only done to fulfill AGIA requirements. From Bloomberg:
The Alaska Pipeline Project being developed by TransCanada Corp. and Exxon Mobil Corp. will judge interest in shipping natural gas from Alaska's North Slope to a terminal in southern Alaska or Canada.I think I like the way the Canadians do it better, you know where they get customers to take equity positions then move forward with a plan. (LINK). Looking forward to Sept 14th.
The companies said Monday they will conduct a nonbinding solicitation from Aug. 31 to Sept. 14 to identify shippers who might want capacity on the pipeline.
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