
AGPA Releases the PDC Harris Group Study |
Alaskan LNG Exports Competitiveness Study by Wood Mackenzie |
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The report, which was released December 6, predicts that the average Fairbanks household would save almost $3,000 annually on home space heating costs |
Wood Mackenzie Study shows an All-Alaska Gasline Project could generate upwards of $400 Billion in revenues to the state. |
A citizen's guide to the Alaska Natural Gas Pipeline Discussion written by Cindy Roberts is now available for viewing online.
Article VIII, Sections 1 and 2 of Alaska's Constitution mandate that Alaska's resources are to be developed to the maximum use and benefit of its people.
Following the discovery of oil on Alaska's North Slope in the late 1960's, we Alaskans held our breath watching the daily progress of the ice breaking oil tanker, the SS Manhattan, as it carried a single barrel of North Slope crude oil towards the New York Harbor. Although it ultimately reached its destination, we cheered at the announcement that this route was a non-commercially viable option for moving Alaska's oil off the North Slope.
Fairbanks, Alaska - A new study touts the benefits to Fairbanks of a state-built gas pipeline across Alaska, saying the project could slash local energy costs by as much as 80 percent while significantly improving air quality. The $21,500 study was commissioned by the Alaska Gasline Port Authority, which supports construction of a large-diameter line from Prudhoe Bay to Valdez. The study, by PDC Harris Group in Anchorage, follows another AGPA-funded study from July that said a gas line would generate billions in revenue for both the state and the gas producers by focusing on selling liquefied gas to Asian markets.
Fairbanks, Alaska -- Low cost space heating, lower electricity prices and cleaner air; all are possible for Fairbanks and many rural Alaska communities according to research compiled by PDC Harris Group for the Alaska Gasline Port Authority. The report, which was released December 6, predicts that the average Fairbanks household would save almost $3,000 annually on home space heating costs after converting to natural gas supplied from the voter mandated, All Alaska Gasline. This represents an 80% reduction in the cost of energy in the Fairbanks area.
AGPA Press Release Dec. 6, 2011
Well here it is. At a Merrill Lynch investors conference this week, Exxon representative Andrew Swiger said "in terms of export from North America, whether it is the Gulf Coast or whether it is Western Canada, it is something we are actively looking at". What? The state of Alaska is poised to give back Point Thomson (8 TCF of gas) to Exxon who is looking to export LNG from the Gulf Coast and British Columbia? Notably absent is any mention of Alaska. Unbelievable! Stop the madness. Do not return Point Thomson to Exxon!
For more on this topic, see my opinion piece below that was published this week in the Anchorage Daily News and the Fairbanks Newsminer.
Gov. Parnell recently acknowledged that, because of shale gas developments, Alaska must change course and export its gas to premium Asian markets. Owners of Lower 48 and West Coast Canadian liquefied natural gas receiving terminals are likewise accepting market realities and converting their LNG receiving facilities into export terminals. Consequently, Parnell now agrees that it is time for Alaska to build a gas line to tidewater to export LNG to Asia.
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