Alaska Gasline Development Corporation

ECON 919 - Winding down the AK LNG project

Jan 10, 2020

 

The AK LNG Project is still alive, but its prospects for moving forward in 2020 are slim. The Alaska Gasline Development Corporation, the state agency that’s been spearheading the project since 2016 when the big oil companies got out, saw another large cut to its budget this year.

 

 


AGDC chief explains drawdown

Jul 26, 2019

 

By this time next year, the Alaska Gasline Development Corporation may itself have run out of gas. With no additional funding from the legislature, the group it put together a decade ago to try and get a gas line built from the North Slope is quickly shedding workers and preparing to back away from that effort.

 

 


Redoubt Reporter

The effort to bring a natural gas pipeline from the North Slope to Nikiski may be running out of gas. Market conditions have changed a lot in the six years since the Alaska Gasline Development Corporation was formed by the legislature. In a presentation to a joint meeting of the Kenai and Soldotna Chambers of Commerce Wednesday, former Borough Chief of Staff Larry Persily, who has tracked this and previous plans for an instate gas line over the years, laid out the numerous challenges that he says make the project next to impossible, at least for now.

 

 


No guarantees for progress on AK LNG in 2019

Dec 28, 2018
Redoubt Reporter

 

The Alaska Gasline Development Corporation spent a lot of 2018 talking about how much progress it was prepared to make on an instate gas line in 2019 and beyond. But investors are still being sought and an environmental impact statement due in February is no guarantee that permits will be issued.

 

 


Shaylon Cochran/KDLL

 

With a new administration set to begin work in Juneau next month, state leadership for the AK LNG project is beginning to change, too.

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