12-8-15

THURSDAY: Don't miss this update from Caelus Energy's Pat Foley, "Building the next Horizon of Alaska's North Slope Resources!"

News Miner by Max Buxton.  As the state still works out just where it’ll get gas for the Interior, the local utilities and state officials are working through a laundry list of other issues to prepare the Interior for natural gas.

At the top of the list is figuring out what a unified, single gas utility will look like for the Interior after the state bought Fairbanks Natural Gas with plans to merge it with the municipal Interior Gas Utility.

Platts.  Alaska Governor Bill Walker said he has commitments from two of three North Slope producers who are partners with the state in the big Alaska LNG Project not to withdraw from the project without offering gas to potential buyers through the project.    …Walker said BP and ConocoPhillips delivered letters making the assurances to him the day before. ExxonMobil, a third partner in Alaska LNG Project, did not send a letter.  More….

That $52.5 million buy was completed in October, and in addition to Fairbanks Natural Gas, included a liquefaction facility in Port MacKenzie and the trucking company Fairbanks Natural Gas has used.

At the Dec. 3 meeting of the Alaska Industrial Development and Export Authority’s board, Interior Energy Project lead Gene Therriault (NGP Photo) told the members the combination of the two utilities is currently being worked out, but it’s planned to be complete by mid-2016.  More….