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The State of Alaska proposes LNG from the North Slope

March 12, 2013

The State of Alaska (governor) proposes to finance the development of a liquefaction facility on the North Slope and a regasification facility at Fairbanks at a cost of $425 M.

North Slope gas would be turned into LNG at a 9 Bcf plant at start up and trucked to Fairbanks, where it would be converted to energy.

The State ‘finance package’ acts as a catalyst, bringing together LNG and propane customers with the private entities that will construct and operate the system. The State is investigating project feasibility and will only utilize their authorized finance tools if the project makes economic sense. Construction could begin as early as 2014.



Factors that favour the project:

Factors that would not favour the project: