US companies Alaska Gasline Development Corporation (AGDC) has signed an agreement with BP and ExxonMobil to advance the US$40bn Alaska LNG export project and to identify potential ways to increase its competitiveness. They will continue to work jointly towards its development and will submit the construction authorization to the Federal Energy Regulatory Commission (FERC) shortly. The final environmental review statement (EIS) for the project is planned for December 2019 and will bring the closer closer to the final investment decision (FID).
AGDC leads the 20 Mt/year integrated LNG facility project, which will comprise three 6.7 Mt/year liquefaction trains at Nikiski, in south-central Alaska (United States) along with a gas treatment plant on the North Slope of Alaska, a 1,300 km (800 miles) long gas pipeline and several interconnection facilities to connect the Prudhoe Bay gas treatment complex (North Slope) to the gas treatment plant (Kenai Peninsula), where it would be liquefied and shipped to Asia. Alaska LNG is expected to start-up in 2024 with full operations in 2026.
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