Alaska lawmakers vote to move ahead with natural gas export plan

|By:, SA News Editor

Alaska’s legislature has approved Gov. Parnell’s plan to join four energy companies - XOM, BP, COP and TRP - in moving ahead on plans to build infrastructure to transport and market 35T cf of North Slope gas to be shipped by an 800-mile pipeline to a liquefied natural gas export plant.

If the $45B-$65B project comes to fruition, gas could hit local and foreign markets in the mid-2020s, according to the state’s projections.

The state would retain ownership of 25% of the LNG plant, which is planned at Nikiski in south central Alaska.