LNG "Mega Project" for Alaska

[dan_s]

The state of Alaska yesterday filed an application with the Federal Energy Regulatory Commission for permission to build an ambitious multibillion-dollar natural gas pipeline and export project. The Alaska Gasline Development Corp., which is handling the venture for the state, also submitted construction applications to four other federal agencies that will oversee parts of the endeavor — the Army Corps of Engineers, Bureau of Land Management, National Marine Fisheries Service, and Pipeline and Hazardous Materials Safety Administration. AGDC President Keith Meyer described the applications as "a major milestone in moving the Alaska LNG project forward… This is the culmination of over one million man hours invested in project engineering and design, more than 193,000 acres mapped, over 300 streams surveyed, thousands of boreholes drilled along the proposed route, and approximately 50,000 pages of material submitted to FERC.” The state plan, which has an estimated price tag of $40 billion to $45 billion, includes construction of a North Slope gas treatment plant, an 800-mile natural gas pipeline, a liquefaction plant and an LNG export terminal on Alaska's southern shores.

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