If approved by FERC, two options will be submitted for consideration by potential shippers in the Alaska Pipeline Project open season. The first option is a 2,737 km pipeline from Alaska’s North Slope to Alberta, Canada, where the gas can be delivered on existing pipeline systems serving major North American markets.
The second option is a 1,287 km pipeline, transporting natural gas from the North Slope to Valdez, Alaska, where it would be converted to LNG to be constructed by a third party and then delivered by ship to North American and international markets.
Both options include the construction of a gas treatment plant and 93 km Point Thompson natural gas transmission pipeline, to be built adjacent to North Slope’s Prudhoe Bay facilities, allowing gas to be treated and shipped to the Alaska Pipeline.
Updated cost estimates for the project are between $US32 and $US41 billion for the North Slope to Alberta option, and $US20 and $US26 billion for the Valdez option.
Article continues below…The Alaska Pipeline Project is a joint venture between TransCanada and ExxonMobil.
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