Weak market could delay Alaska LNG Project
A weak global market for Liquefied natural gas is resulting in low prices and oversupply. Exxonmobil, BP, and ConocoPhillips held a joint press conference on February 17, 2016 on the tough economic climate for the Alaska Alaska LNG Project. Gas buyers are being short-term and opportunistic, but expo...
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| Document Type: | Press release |
| Publisher: | Kenai Peninsula Borough. Mayor's Office |
| Date: | February 19, 2016 |
| Series: | Alaska LNG Project updates
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| Subjects: | |
| Online Access: | View Full Text View Full Text |
| Library Holdings: | Print Versions |
| Summary: | A weak global market for Liquefied natural gas is resulting in low prices and oversupply. Exxonmobil, BP, and ConocoPhillips held a joint press conference on February 17, 2016 on the tough economic climate for the Alaska Alaska LNG Project. Gas buyers are being short-term and opportunistic, but export projects require long-term deals. |
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| Physical Description: | 3 pages |
| Notes: | This update is provided to keep the public informed about the Alaska LNG Project. |