Alaska LNG secures supply deal with ConocoPhillips for pipeline project
\Glenfarne's Alaska LNG said on Monday it had signed a long-term natural gas supply deal with ConocoPhillips and that it now had agreements for enough volumes to support a final investment decision for Phase One of its project and meet Alaska's in-state natural gas needs.
The company said the 30-year agreement would supply natural gas produced on Alaska's North Slope for Phase One of the Alaska LNG project.
Phase One includes a 739-mile, 42-inch pipeline to transport natural gas to Alaska consumers as the state faces looming supply shortfalls from declining Cook Inlet production. Phase Two would add LNG export facilities in Nikiski.
Alaska LNG now has agreements with ConocoPhillips, Exxon Mobil and Hilcorp Alaska, as well as Great Bear Pantheon, a unit of Pantheon Resources.
Related News
Related News
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
- Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
Comments