Alaska Stand Alone Pipeline or Bullet Gas Line
Finally Utilizing Alaska North Slope Natural Gas
For many years our Alaska State elected leaders have promised Alaskans a natural gas line to create new jobs, produce new tax revenue plus deliver natural gas to the
Rail Belt including Southcentral.
So the Parnell Administration switched to a gas pipeline to Nikiski and an LNG export plant. Formed the Alaska Gasline Development Corporation (AGDC) to represent the State's interests. The Legislature has allocated hundreds of millions MORE to be a 25% partner with the North Slope Oil Majors. Again this program only supported a Mega gas pipeline..
In August of 2016, the Oil Majors after spending hundreds of millions on a Pre-FEED study said the AK Gasline LNG project doesn't pencil out compared to other LNG projects around the world. Despite spending almost $1 billion on a MEGA AK PIPE LINE strategy, the AK Gasline and LNG Export project is now stalled for a few years, possibly for decades or maybe forever; although Governor Walker HOPES it isn't and is betting still more $ millions to keep the project alive.
But remember "HOPE" isn't a Strategy.
WELL IMAGINE A SMALLER IN-STATE GAS PROJECT
An 800 mile natural gas line, a “Bullet Line” from the North Slope to Southcentral Alaska, delivering abundant gas supplies to markets for the next 100 years anchored by a 70,000 bbl per day gas-to-liquids plant producing clean diesel and jet fuel for Alaska and export to U.S. military Pacific Rim markets.
An industrial “anchor,” a large customer for natural gas, is needed because regional utilities alone