Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Alaska to Assess Incentives for LNG Exports From the North Slope

Don't Miss Out —
Follow us on:

April 30 (Bloomberg) -- Alaska plans to spend as much as $800,000 to evaluate exporting gas from its North Slope, including financial incentives for participating companies.

The state is seeking bids from contractors to help its Department of Natural Resources develop fiscal policies affecting leaseholders in the north Alaskan gas fields, according to a request for proposals distributed April 26.

Exxon Mobil Corp., BP Plc, ConocoPhillips and TransCanada Corp. are considering a gas pipeline from Alaska’s North Slope to a terminal further south, where fuel would be liquefied for export. The companies reported to Alaska Governor Sean Parnell in February that they had completed the “concept development” for their proposed liquefied natural gas project.

“The project definition, commercial structure, equity participation, the state’s fiscal terms and ownership rights, and risk allocation are just now starting to take shape and are far from being fully defined,” Alaska’s natural resources department said in the request for proposals. “The state needs to be prepared to offer additional inducements.”

Alaska plans to issue a contract by June 12 for the study to be completed by Oct. 15, according to the request.

To contact the reporter on this story: Jacob Adelman in Tokyo at jadelman1@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.