Alaska LNG takes a significant step forward with federal approval
Federal authorization of Alaska LNG represents next step in monetizing state’s natural gas
JUNEAU – The Alaska LNG Project achieved a significant milestone today as the Federal Energy Regulatory Commission authorized the state-owned Alaska Gasline Development Corporation (AGDC) to liquefy and export natural gas from the North Slope after six years of review.
“It’s been a tough time for Alaska’s oil and gas industry, but we are still a resource rich state and the industry remains a vital part of our future,” said Rep. Gary Knopp (R-Soldotna), who was appointed as a legislative member of AGDC. “Today’s achievement means the project is shovel ready when the economy improves, and it also provides a reminder of what we can accomplish when we work together as Alaskans.”
The Alaska LNG Project is composed of an 807-mile pipeline stretching from the North Slope to Nikiski, a gas treatment plant, and a facility where gas can be liquefied and prepared for export to the Lower 48 and internationally.
AGDC estimates the project would create upwards of 10,000 jobs during design and construction as well as 1,000 operational jobs.
Alaska House Majority