$65 Billion Gets You 150 Years of Gas: Any Takers?
Published On: December 18, 2013
Natural Gas Report - November 2013
To muted fanfare, the three major North Slope producers, ConocoPhillips, ExxonMobil, and BP, announced recently that the small Alaskan town of Nikiski on the Kenai Peninsula will likely have a second LNG terminal constructed on its shores.1 This will be the endpoint for the Alaska Pipeline project, an 800-mile, 42- inch natural gas pipeline proposed to bisect the state from north to south and bring rich gas to the Gulf of Alaska from the Beaufort Sea. The entire project is estimated to cost somewhere between $45 billion and $65 billion, an eye-catching number at any time..... Download full report.November 2013