New estimate reduces Alaska LNG project cost, but economics still challenging
An updated cost estimate for the proposed Alaska LNG project has trimmed $5 billion from the construction price, but the cost would be much highter per tonne of output capacity than most other proposed LNG developments around the world. Comparisons are made to the Ichthys Project, LNG Canada Project...
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| Main Author: | |
|---|---|
| Document Type: | Press release |
| Publisher: | Alaska Resources Library and Information Services (ARLIS) |
| Date: | June 29, 2020 |
| Series: | Alaska LNG Project updates
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| Subjects: | |
| Online Access: | View Full Text View Full Text |
| Library Holdings: | Print Versions |
| LEADER | 02722nam a22005533 4500 | ||
|---|---|---|---|
| 001 | 5601992 | ||
| 003 | SIRSI | ||
| 008 | 200629s2020 o 000 0 eng u | ||
| 100 | 1 | |a Persily, Larry | |
| 245 | 1 | 0 | |a New estimate reduces Alaska LNG project cost, but economics still challenging |
| 260 | |a Alaska Resources Library and Information Services (ARLIS) | ||
| 264 | |a 20200629 | ||
| 300 | |a 3 pages | ||
| 380 | |a Press release | ||
| 490 | |a Alaska LNG Project updates | ||
| 518 | |a June 29, 2020 | ||
| 546 | |a English | ||
| 500 | |a This update is provided to keep the public informed about the Alaska LNG Project. | ||
| 520 | |a An updated cost estimate for the proposed Alaska LNG project has trimmed $5 billion from the construction price, but the cost would be much highter per tonne of output capacity than most other proposed LNG developments around the world. Comparisons are made to the Ichthys Project, LNG Canada Project, and other projects. Current LNG prices have reduced demand. Meanwhile, AGDC is still looking for private developers to take the lead in the project, and it faces opposition from intervenors. First, the Matanuska-Susitna Borough, wants a rehearing for advancing its case for the Port MacKenzie terminal site, and second, on June 22 the Center for Biological Diversity and Earthjustice filed a request on behalf of the Sierra Club, the Northern Alaska Environmental Center, and the Chickaloon Village Traditional Council. | ||
| 610 | 2 | 0 | |a Alaska LNG Project |
| 610 | 2 | |a Alaska Gasline Development Corporation (AGDC) | |
| 610 | 2 | 0 | |a Cameron LNG Project |
| 610 | 2 | |a Center for Biological Diversity | |
| 610 | 2 | |a Chickaloon Village Traditional Council | |
| 610 | 2 | |a Earthjustice | |
| 610 | 2 | |a Fluor Corporation | |
| 610 | 2 | |a Ichthys Project | |
| 610 | 2 | |a KBR | |
| 610 | 2 | |a LNG Canada | |
| 610 | 2 | |a McDermott International | |
| 610 | 2 | |a Northern Alaska Environmental Center | |
| 610 | 2 | |a Sierra Club | |
| 653 | |a Appeals | ||
| 653 | |a Costs | ||
| 653 | |a Demand | ||
| 653 | |a Economics | ||
| 653 | |a Environmental impacts | ||
| 653 | |a Intervenors (Regulatory process) | ||
| 653 | |a Prices | ||
| 653 | |a Public-private partnership | ||
| 653 | |a Terminals--Location | ||
| 651 | |a Port MacKenzie | ||
| 690 | |a PF-AKGOV | ||
| 690 | |a PF-ECON | ||
| 690 | |a PF-ENVI | ||
| 856 | 4 | 0 | |3 Direct link to this update |z ARLIS Document Server |u https://www.arlis.org/docs/vol1/AlaskaGas/News/News_Persily-2020_NewEstimateReducesCost.pdf |x ARLIS collection |
| 856 | 4 | 2 | |3 Website listing all Project updates |z ARLIS Document Server |u https://www.arlis.org/docs/vol1/AlaskaGas/News/News_KPB_AK_LNG_ProjectUpdate.html |x ARLIS collection |
| 901 | |a ARLIS |c orig 202006 | ||
| 596 | |a 10 | ||