ALASKA LNG DOWN TO $39 BLN
ENERDATA - 29 Jun 2020 - Alaska Gasoline Development Corporation (AGDC), the developer of the 20 Mt/year Alaska LNG project in Nikiski on the Kenai Peninsula (Alaska, United States), has revised the cost of the project by US$5.5bn, from the 2015 estimate of US$44.2bn to US$38.7bn (-12%). Alaska LNG Project cost reductions capitalize on technology (advancements in gas liquefaction technology, modular construction techniques, lower engineering costs) and process improvements.
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