US energy company ExxonMobil has signed a preliminary non-binding agreement with Alaska Gasline Development Corporation (AGDC), the developer of the proposed US$43bn Alaska LNG export project. As per the agreement, the company plans to supply feed gas for the liquefaction facility from its Prudhoe Bay and Point Thomson fields operations (Alaska North Slope). A preliminary price and volume basis for the sale of natural gas has been agreed.
Alaska LNG is a 20 Mt/year integrated LNG facility project which is scheduled to comprise three liquefaction trains at Nikiski, 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.
The project is expected to start-up in 2023 with full operations in 2025. Estimates have put proven gas reserves on the North Slope at 35 bcf (991 bcm).
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