AGDC Continues Answering Questions For Environmental Review On LNG Project

first_imgThe AGDC has signed non-binding agreements to explore future deals with potential customers and possible financial partners in China, South Korea, Japan and Vietnam, with more information about Chinese interest expected later in 2018. According to spending details presented to the Board of Directors, a significant portion of 2017 spending has gone toward project marketing, development, and outreach- making up roughly $5.2 million. While the AGDC fills in data gaps and provides details on project construction plans and operations, the state has been waiting for FERC to decide when it has enough information to issue a timeline for the project’s environmental review. The LNG project proposal is an 807 mile north-to-south pipeline from the North Slope oil and gas field to the liquefaction plant and marine terminal on the Kenai Peninsula, in Nikiski. Governor Bill Walker: “We have things in motion now that we’ve never had before. It’s great that we have the AGDC in existence.” The Environmental Impact Statement is said to the “largest and most complex of any that federal regulators have prepared for a LNG export project.”last_img

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