The US Department of the Interior has suspended all activities related to the implementation of the Coastal Plain Oil and Gas Leasing Program in the Alaska’s Arctic National Wildlife Refuge (ANWR). The administration will undertake a comprehensive environmental analysis under the National Environmental Policy Act (NEPA) to determine whether the leases in the ANWR should be reaffirmed, voided, or subject to additional mitigation measures.
In January 2021, the previous US administration conducted the first oil and gas lease sale for the Coastal Plain of the ANWR, which is estimated to contain up to 11.8 Gbl of oil. The Bureau of Land Management (BLM) received bids on half of the 22 tracts offered and 50% of the acreage. The Alaska Industrial Development and Export Authority (AIDEA) secured nine tracts, while small independent companies, Knik Arm Services and Regenerate Alaska, won two.
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