TransCanada and Mackenzie in the news today - Alaska Support Industry Alliance Engages Tax Issue

See the new TransCanada-ExxonMobil Gas Pipeline Webpage and Today's Webcast: 10:30 Alaska Daylight Time

CNBC Video.  This morning, Governor Sean Parnell discusses Alaska's conflict with the Federal government over naturalresouces policy...but compliments President Barack Obama's gas pipeline statements.    *     Reuters, by Yereth Rosen (NGP Photo-l) TransCanada Corp <TRP.TO> and partner Exxon Mobil Corp <XOM.N> boosted their cost estimates for a planned line to carry Alaska gas to southern markets by up to 58 percent on Friday, as the two ready plans to sign up shippers for the massive project.  The companies said the cost of the 1,700 mile (2,700 km) pipeline carrying at least 4.5 billion cubic feet of gas daily
from Alaska’s North Slope to Alberta will range between $32 billion and $41 billion, up from a previous $26 billion forecast.     *     ADN by Elizabeth Bluemink (NGP Photo-upper right).      *      The Alaska Dispatch by Rena Delbridge (NGP Photo-Lower right).  TransCanada Corp. officials said they'll hold a press conference on Friday with partner ExxonMobil - one of the North Slope's three biggest oil and gas producers - to go over its plans to file paperwork with the Federal Energy Regulatory Commission for an open season.     *     KTUU by Rhonda McBride (NGP Photo-l).  For decades, Alaskans have wondered if a natural gas line to the Lower 48 is but a pipe dream.  Friday, we reach an important milestone.  TransCanada will talk about the paperwork it will file with federal regulators to kick off its open season process, a major step towards building the line.  The open season is a six-month, highly technical and bureaucratic process, but necessary to get the pipeline financed.     *      Downstream Today.  As the developers of competing Alaska natural-gas....  

Post-AGIA Project Open Season News Conference LINKS

Wall Street Journal

Fox Business

Downstream Today

CBC

Alaska Dispatch

Anchorage Daily News

 

     *     CBC News.  NWT Finance Minister Michael Miltenberger said things are looking up for the N.W.T.'s diamond mining industry, and the government is hopeful that a natural gas pipeline will eventually be built through the Mackenzie Valley.

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Alliance Story in Progress...with many photos....  See Weekend Story Here!  Paul Laird, Alaska Support Industry Alliance, writing for The Alaska Standard: "It's Time To Fix ACES"
A week ago, Alaska Support Industry Alliance members heard a chorus of industry voices commenting on Alaska's brutal oil and gas tax regime at their annual Meet Alaska Conference.  This week the Alliance launched an....