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)

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