AGDC inks Alaska LNG deal with BP and ExxonMobil

EPA-EFE/JIM LO SCALZO/FILE PICTURE

Rigs sit in the Prudhoe Bay Oil Fields off the Dalton Highway in Deadhorse, Alaska, US.

Project to advance the commercialisation of Alaska’s stranded North Slope natural gas.


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The Alaska Gasline Development Corporation (AGDC) signed on March 8 an agreement with British major BP and US energy giant ExxonMobil to collaborate on ways to advance the Alaska LNG (liquefied natural gas) project by working together to identify ways to improve the project’s competitiveness, and progress the Federal Energy Regulatory Commission authorisation to construct the project, the AGDC, which is charged with securing a long-term energy supply for Alaskans, said in a press release.

“Our respective organizations share an interest in the successful commercialisation of Alaska’s stranded North Slope natural gas,” AGDC Interim President Joe Dubler said. AGDC, which is an independent, public corporation of the State of Alaska, advances the development and construction of a North Slope natural gas pipeline and LNG export project. “BP and ExxonMobil possess world-class LNG expertise which may help AGDC responsibly advance this project with maximum efficiency for the benefit of Alaskans, and I welcome their collaboration,” Dubler added.

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