Alaska Gasline Port Authority Confirms Asian Markets

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by Your Alaska Link News Team

(ANCHORAGE, Alaska) When it comes to the cost of doing business AGPA says Alaska is the most competitive.

The gasline would stretch from Prudhoe bay to the port of Valdez; cities along the line who rely on natural gas would see the their cost of energy go down.

There are three options on the table for possible areas to export the gas from south central to Asia.

One being a co-partnership with the marine terminal, the second a stand alone facility in Anderson Bay, and finally a floating ship facility, much like what shell used for the Prelude project in Australia.

AGPA says based on what they were quoted...this one could cut costs in half.

To prove Asia's interest, Bill walker today presented six letters of intent from Asian companies that are interested in Alaska's natural gas.

Walker says the first step to advancing the gas line would be to exercise an exit clause with AGIA or renegotiate with Transcanada; this time around tho he says things will be more transparent.

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Anonymous said on Wednesday, Sep 19 at 9:50 PM

This is the group of Alaskans that are out ahead of the "Prudhoe Bay Unit" members who can`t seem to admit to themselves that it`s time for Alaska slope gas to get to that "anchor" market. I wish these good folks luck on behalf of all Alaskans who would benefit from this project. There is 2.7bcf a day in surplus gas that can be sold as LNG. That leaves more than enough gas and liquids to pressurize current and planned slope operations, as well as having the liquids act as a "diluent", much like gasline cuts a heavy-weight oil and lowers it`s pour/flow point. Those excess liquids and gas will support construction of tyhis LNG line to valdez far into the future as more oil is found while looking for gas, and more gas is found drilling for oil. And no longer will gas "finds" be "written off" on their taxes by the companies as "failures"...it`s time for that scam to end too..as well as the one about the TAPS line shutting down.

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