Partners in the Alaska LNG project marked another milestone after reporting the filing of an application with the US Department of Energy for the export of as much as 20 million tonnes/year of LNG for 30 years to countries that have existing free-trade agreements with the US, as well as to non-FTA countries.
Alaska LNG project participants include Alaska Gasline Development Corp. and units of TransCanada Corp., BP PLC, ConocoPhillips, and ExxonMobil Corp.
The project is now in pre-frontend engineering and design phase, which is expected to be completed in 2016.
The proposed project facilities include a liquefaction plant and terminal in the Nikiski area on the Kenai Peninsula; an 800-mile, 42-in. pipeline; as many as eight compression stations; at least five take-off points for in-state gas delivery; and a gas treatment plant on the North Slope.
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REUTERS - A consortium of western companies and Russia’s Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting preparatory work in the Greifswald bay off Germany’s Baltic coast.
GAZPROM - The parties reviewed the issues of cooperation in the energy industry, focusing on, inter alia, substantial growth in Russian gas exports to Austria. According to preliminary data, from January 1 through May 14, 2018, Gazprom delivered to Austria 4.7 billion cubic meters of gas, an increase of 70.4 per cent from the same period of last year.
FRB - Industrial production rose 0.7 percent in April for its third consecutive monthly increase. The rates of change for industrial production for previous months were revised downward, on net; for the first quarter, output is now reported to have advanced 2.3 percent at an annual rate.
WNN - Rosatom, the Russian state nuclear corporation, signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others.