2020-09-23 14:50:00
ALASKA LNG CHALLENGE $43 BLN
REUTERS - SEPTEMBER 22, 2020 - Environmental groups challenged the federal government's authorization of the construction of a proposed $43.4 billion Alaska liquefied natural gas (LNG) export project in federal appeals court in Washington D.C.
The Center for Biological Diversity and the Sierra Club on Monday sued the Federal Energy Regulatory Commission (FERC), alleging that its May 21 approval of Alaska Gasline Development Corp's project to export natural gas to Asia ignored its impacts on climate change and endangered wildlife, in violation of the National Environmental Policy Act.
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Earlier:
2020, June, 29, 13:50:00
ALASKA LNG DOWN TO $39 BLN
AGDC has revised the cost of the project by US$5.5bn,
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2019, August, 28, 12:10:00
BP SELLS ALASKA FOR $5.6 BLN
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.
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2019, May, 13, 12:25:00
ALASKA LNG OPPORTUNITY
“[The Russians] are bringing 16.5 million tons of LNG from the Yamal [LNG project] through the Bering Strait [en route to Asia] 2,600 miles through the ice, while we’ve got big fields in Prudhoe Bay [Alaska] that are lying fallow” that would require just 600 miles through the ice zone, Treadwell asserted to lawmakers at a maritime subcommittee hearing in the U.S. House of Representatives.
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