Resource Development Presentations

No real news to report (again). No evidence of a sense of urgency.  All the projects are years out from project approval as all the players creep forward.

Link to presentations from the Resource Development Council.

Presentations worth reading:

• Oil & Gas: Kara Moriarty, Executive Director, Alaska Oil and Gas Association

• Alaska Gas Pipeline Project Tony Palmer, Vice President, Alaska Development, TransCanada

• ASAP

• Stan Foo, President and General Manager, Donlin Gold LLC

This Week In Alaska Gas

Items of note from the past week:

Fiscal Certainty: Alaska Senator Lisa Murkowski met with North Slope producers (LINK1) (LINK2).Quotes from Oil & Gas Journal:

Alaska North Slope producers say the biggest hurdle facing construction of a natural gas pipeline across the state to a planned liquefaction and export facility on its southern coast is the state’s uncertain fiscal regime, US Sen. Lisa Murkowski (R-Alas.) said following meetings in Houston with the three largest ANS producers. 

“Alaskans have waited 4 decades to see some benefit from their [ANS] gas,” Murkowski observed. “While Lower 48 markets may be oversupplied because of the shale boom, places like Japan and South Korea are willing to pay a premium for long-term supply contracts. But that window of opportunity will not remain open indefinitely.”

Good job Lisa.  I remember Ted Stevens attempted to make the same point when he said:

The right climate for this investment in our State must exist. Originally considered a $20 billion project, recent financial analysts’ comments indicate the cost will be $40 billion. No entity will commit that kind of money – whether $20 or $40 billion – without certainty in the financial aspects of the project’s economics.

 Good luck getting the point across now that the price tag is about 50% more.

Stand Alone Pipeline (ASAP) News: The Final Environmental  Impact Statement on Alaska Stand Alone Gas Pipeline (ASAP) Released (LINK1) (LINK2).  Somehow the economic principles of economy of scale won't work for a big pipeline, but somehow we can build a much smaller one?  Where's the "alignment". In about 2 years ASAP will hit the fiscal certainty wall too.

ASAP Draft EIS Available

The draft environmental impact statement is available: (LINK)

Plethora of options

Tons of ideas out there, but still no buyers for Alaska gas. Here's links to pipeline related presentations submitted to the Senate Resources Committee this week :



Larry Persily, Federal Coordinator (LINK)

TransCanada (LINK)

Bill "Valdez LNG" Walker (LINK)

Malcolm Roberts (LINK)

Harold Heinze ANGDA (LINK)

David Gottstein (LINK)

AGDC, answers to 54 Wielechowski questions (LINK)

DNR Dan Sullivan, Gasline Update (LINK)

Dan "ASAP" Fauske (LINK)