Tuesday, July 29, 2014

Another BC LNG Project

The list of Alaska sized LNG projects in BC just keeps growing.  Latest contender: Quicksilver Resources, Campbell River, BC (Application LINK

BC LNG projects website (LINK)

Project website (LINK)

Tuesday, July 22, 2014

Monday, July 21, 2014

Department of Energy Filing

From Governor Parnell's website:

July 21, 2014, Anchorage, Alaska – After ensuring that Alaska’s gas could go to Alaskans first, Governor Sean Parnell today lauded Alaska’s LNG Project for applying to export liquefied natural gas (LNG). The application was submitted to the U.S. Department of Energy.

“We are building Alaska’s future with a gasline to heat our homes and fuel Alaska’s businesses,” Governor Parnell said. “Alaska’s LNG Project is on the right track with hundreds of Alaskans out in the field this summer working to secure permits and hundreds more working to refine the engineering and design challenges of the project. I am committed to getting Alaska’s gas to Alaskans and then to markets beyond. I look forward to continued progress on this important project.”

The application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years. The application seeks to export to countries that have existing free trade agreements with the U.S. and to non-free trade agreement countries.
Link to Platts (more detail)

Alaska-LNG website press release

Wednesday, July 16, 2014

$70 Billion Gas Line

No, it's not the Alaska Gas Line and LNG Project (thank goodness) - it's the Gazprom Russia to China "Power of Siberia" pipeline. (LINK). The Russian project estimate is now at $70B, surpassing the $65B price tag for the Alaska gas project.

In other news, the quarterly Exxon FERC Alaska Pipeline Project activity report doesn't indicate any activity. (LINK)

Saturday, July 12, 2014

Plan B - Enbridge

News on the Plan B small gas pipeline (LINK)

Canadian LNG Report

In terms of markets, project cost, technology, and risk the proposed Alaskan Gas Pipeline and LNG project has a lot in common with the proposed western British Columbia LNG projects.

Here's a link to a report titled: "RISKY BUSINESS: THE ISSUE OF TIMING, ENTRY AND PERFORMANCE IN THE ASIA-PACIFIC LNG MARKET" M.C. Moore, D. Hackett, L. Noda, J. Winter, R. Karski and M. Pilcher The School of Public Policy

Saturday, July 5, 2014

Canadian LNG Projects

Need a summary of the long list of Canadian LNG Projects?  Me too.  Find it here (LINK)

Projects sized to compete with Alaska LNG (10 MMTPA or greater):

LNG Canada (LINK)  24 MMTPA

Kitimat LNG (LINK)  10MMTPA

Kitsault Energy (LINK)  20 MMTPA

British Gas Group (BG Group) (LINK) 21 MMTPA

Pacific NorthWest LNG (LINK)  18 MMTPA

Aurora LNG (LINK)  24 MMTPA

Canada Stewart Energy Group Ltd (LINK) 30 MMTPA

Interesting mix of projects - about 7 times the volume of the proposed Alaska LNG Project.

Thursday, July 3, 2014

Alaska Gasline Work Underway

That's what the press release says, but I have haven't heard of any contract awards etc,

To put this news in P3 schedule terms "We'll take and actual start on this activity"


Press Release:

July 2, 2014, Juneau, Alaska – Citing significant progress on an Alaska gasline that gets Alaska’s gas to Alaskans and markets beyond, Governor Sean Parnell welcomed news that a formal commercial agreement has been signed between the Alaska Gasline Development Corporation (AGDC), BP, ExxonMobil, ConocoPhillips, and TransCanada to advance the Alaska LNG Project.
“Environmental and pipeline engineering fieldwork has officially begun,” Governor Parnell said. “I am pleased all parties continue to make progress on building an Alaska gasline project that will create thousands of Alaska jobs and fuel Alaska homes and businesses. This milestone marks the historic progress we have made on a gasline. Our way forward will continue to be on Alaska’s terms and in Alaskans’ interests.”
The Alaska LNG Project has fully entered the Pre-Front End Engineering and Design (Pre-FEED) phase – a milestone no previous Alaska gasline project has achieved. During the Pre-FEED phase, the producer parties will spend hundreds of millions of dollars on design and engineering of the project. In the coming weeks, the project will begin to work to secure an export license with the Department of Energy and continue permitting work with the Federal Energy Regulatory Commission. Each producer party, in addition to the state, will begin to engage the LNG sales market during this phase.