Alaska LNG Project Submits Application to US Department of Energy

The participants of the Alaska LNG project submitted an LNG export application to the US Department of Energy, with an investor calling it ‘an important step forward.’

“This is a significant milestone for the Alaska LNG project and demonstrates continued progress toward developing Alaska’s resources. Filing of an export application is a critical step in commercializing North Slope natural gas,” Steve Butt, senior project manager, said in a note released on Monday evening.

The Alaska LNG project participants are the Alaska Gasline Development Corporation (AGDC) and affiliates of TransCanada, BP, ConocoPhillips, and ExxonMobil.  

The companies applied to export up to 20 million metric tons per year of LNG for a period of 30 years. The buyers can be countries that have or have not signed free trade agreements with the US.

‘The project is now in the pre-front-end engineering and design phase, which is expected to be completed in 2016.’