ALASKA: EXXON, CONOCO, BP, TRANSCANADA HAVE LNG PIPE PLAN

     (The following press release from the Alaska Governor's Office was 
received by e-mail and was reformatted. The sender verified the statement.) 
FOR IMMEDIATE RELEASE                                                            
No. 13-024                                                                   
Governor Welcomes Gasline Progress 
February 15, 2013, Fairbanks, Alaska - Executives from BP, ConocoPhillips, 
ExxonMobil, and TransCanada submitted a letter today meeting Governor Sean 
Parnell's benchmarks for gas pipeline progress. The companies' letter states 
the concept selection phase for an Alaska liquefied natural gas (LNG) project 
has been completed. 
In this year's State of the State address, Governor Parnell called on the 
companies to unite behind a concept for an all-Alaska project and provide 
details to Alaskans, including: the size of the pipe; the daily volume of gas; 
the location of a gas treatment plant; the number of compressor stations; the 
size and scope of a liquefaction plant and LNG storage facilities; and the 
number of off-take points for Alaska communities to obtain gas for local use. 
"This represents historic progress. Never before has a gasline project been so 
specifically aligned and described in detail by the companies that have the 
capacity to build, fill, and operate it," Governor Parnell said. "A critical 
part of the concept selection is to ensure that Alaska's gas goes to Alaskans 
first, which will dramatically improve the quality of life and cost of living 
for many Alaskans. I am pleased the companies met the benchmarks and will 
provide a more detailed briefing in Juneau on the project. I look forward to 
working with them as they advance this public-private partnership." 
This spring, aggressive benchmarks require the companies to finalize an 
agreement to enter the pre-FEED stage - pre-front-end engineering and design - 
followed by a full season of field work this summer. By entering this phase, 
the companies will spend hundreds of millions of private sector dollars to 
advance the LNG project toward permitting and construction. 
The project described in today's letter would be one of the largest LNG 
projects in the world. As the companies have been developing the project 
concept, the Parnell administration has undertaken significant outreach to 
overseas markets to highlight the comparative advantages of Alaska LNG exports, 
and to other key stakeholders, including federal officials in charge of export 
licensing. 
"A successful Alaska LNG project would result in thousands of jobs and the 
opportunity for decades of domestically produced natural gas for homes and 
businesses in Alaska," the companies wrote. "We remain committed to responsibly 
developing the State's considerable resources and will keep you advised of our 
progress." 
A copy of the letter is available at:
http://gov.alaska.gov/parnell_media/resources_files/letter021513.pdf 
(kgt)NY 
 
 
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