Saturday, October 3, 2015


The State of Alaska is struggling to get the gas pipeline and LNG project back on track.  A new report by Black and Veatch lays out the risk, cost and advantages of moving forward without TransCanada (TC).  LINK TO REPORT.

The participation of TC is a legacy of the Palin years and the AGIA process.  Governor Parnell ended AGIA and now Governor Walker is looking to buy out TC.

The world has moved on over the years and soon interest rates will increase and weed out marginal projects like the Alaska LNG project. The project is not a project without customers willing to commit to buying the product.  Maybe the time is right for the State to tidy up the partnership, get aligned and pull the project out of the ditch before it is too late.