Sunday, January 13, 2013

2013 - Alaska off to a Slow Start, Again

Normally I look forward to reading a report titled "Alaska Pipeline Project's Pre-Filing Status Report 4th Quarter 2012 under PF09-11" The report documents that nothing remotely akin to progress is going on in Alaska..

The positive gas project news report of the week came from the Canadians, From Bloomberg:

Progress Energy Canada, purchased by Petronas last month for C$5.2 billion, selected Calgary-based TransCanada to build the Prince Rupert pipeline, which will be capable of expansion to 3.6 billion cubic feet a day, according to today’s statement. The project is TransCanada’s second proposed pipeline to an LNG export terminal on the West Coast, following its previously announced Coastal GasLink pipeline.