rss icon Subscribe
desktop mobile

BP, ExxonMobil in Alaska LNG Deal

Image: Alaska Public Media

Laxman Pai

Alaska Gasline Development Corp (AGDC) has signed an agreement with BP and Exxon Mobil to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project.

According to the agreement, the concerned parties would work together to identify ways to improve the Alaska LNG project 's competitiveness, and progress the Federal Energy Regulatory Commission authorization to construct the project.

AGDC Interim President Joe Dubler said, "Our respective organizations share an interest in the successful commercialization of Alaska's stranded North Slope natural gas. BP and ExxonMobil possess world-class LNG expertise which may help AGDC responsibly advance this project with maximum efficiency for the benefit of Alaskans, and I welcome their collaboration."

AGDC is an independent, public corporation of the State of Alaska. Advancing the development and construction of a North Slope natural gas pipeline and LNG export project is its top priority.

"Alaska LNG will safely and efficiently develop Alaska's vast North Slope natural gas resources for the benefit of the state and its people," said the company.

Mar 13, 2019

 

LNG

Saudi Aramco to Buy LNG from US

Image: Sempra Energy

Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas

AKA, MAN Collaborate for LNG-Powered Ferry

Rendering of the new “Green Ship” RoPax vessel (image courtesy of TT-Line)

Aspin Kemp and Associates Inc. (AKA) and MAN Energy Solutions (MAN) are working together on the

Marine Fuel: World First for Megaboxer MV Sajir

The 15,000 TEU megaboxer MV SAJIR to be converted to methane for operation (©Hapag-Lloyd)

"With the conversion of SAJIR, we are the first shipping company worldwide to convert a container

Gas

Eni Extends Algeria Gas Contract

Image: Sonatrach Petroleum Corporation

Italian multinational oil and gas company Eni announced that it had signed agreements with

VLGC Freight Rates Recover

Pic: BW LPG

The Very Large Gas Carrier (VLGC) freight rates started to recover towards the end of the first

North Sea Oil Production May Go Down

Graph: Rystad Energy

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination

Maritime Apps