A long-time goal of building a large-diameter gasline to provide natural gas to Alaskans and a new petroleum product to export is closer to becoming a reality with the passage of Senate Bill 138.
SB 138 was a key priority for Governor Sean Parnell who called its passage a historic event and the beginning of the Alaska LNG Project. The measure also gives Alaska an equity-share in the gasline.
“Alaskans have waited a long time for a gasline,” he said.
Governor Parnell’s Comments
The governor speaking on SB 138 during his first ever Virtual Town Hall Meeting held April 16.
Passage of SB 138 is the first in a series of actions that must be taken over the next four to five years to allow for the development of Alaska’s North Slope natural gas resources.
That comes from a 24-page report produced for the legislature that analyzes, explains and discusses the key issues involved in building the LNG pipeline.
SB 138 both authorizes certain negotiations and provides a broad roadmap for how the Legislature will oversee and consent to these negotiations, the report summarizes.
Currently, the project consists of three related mega-projects. They include:
- a gas treatment plant on the North Slope,
- an 800-mile large-diameter pipeline from the North Slope to Nikiski, and
- an LNG export facility at Nikiski.
- Another major component calls for at least ﬁve off-take points for gas consumption within the state.
If all goes well, the gasline could be completed by 2020.
Top Photo: Courtesy ConocoPhillips