Japan firms get cold shoulder from state administration on LNG

Japan firms get cold shoulder from state administration on LNG

A group of Japanese companies interested in a large Alaska liquefied natural gas project are getting a cool reception from the administration of Gov. Sean Parnell. The group has been talking with the administration on and off since summer, and would like to develop a large LNG plant either in Valdez or Cook Inlet they would own, with the pipeline owned by other parties. However, they have been asking for some form of Memorandum of Understanding with the state, similar…

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Alaska’s 2012 oil tax debate – a backgrounder

Alaska’s 2012 oil tax debate – a backgrounder

It has been two and a half months since the Legislature adjourned its special session on oil taxes. Lawmakers have long since returned home to ponder the failure of the session, and to busy themselves, in most cases, on re-election campaigns. There was a lot of work done on oil taxes in the 2012 session and despite the failure, in the end there was some progress on this divisive and controversial topic. Here’s the problem: As is well known, oil…

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Ambler District road may not be enough to get a mine

Ambler District road may not be enough to get a mine

The state Department of Transportation and Public Facilities has released its summary of a reconnaissance study of possible road and rail routes to the Ambler Mining District of the western Brooks Range. The least expensive option, and the quickest to build, appears to be a road from the Dalton Highway to the Ambler district. Other routes for roads, and several options for railroads in the study, were longer and more expensive. There are three significant known mineral deposits in the…

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Oil operators cautiously optimistic about 2012

Oil operators cautiously optimistic about 2012

Alaska oil and gas operators are cautiously optimistic about prospects in 2012 on several fronts. Here’s an outline of where things stand for the industry in the new year: • The state Legislature will resume work on a revamp of the state’s oil and gas production tax when it goes into its annual session Jan. 17, and although the measure remains highly controversial there are some signs that key obstacles may be overcome. • Shell is very close to securing…

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Check out our private and confidential reports

Check out our private and confidential reports

We preview upcoming private and confidential reports. Contact us for information on our weekly Alaska Legislative Digest and biweekly Alaska Economic Report. Past 2018 content for the Alaska Economic Report is listed below by date published.

Utility costs in Anchorage mostly up, but Enstar is exception

Utility costs in Anchorage mostly up, but Enstar is exception

Utility costs in Anchorage will be mostly up in 2012, for wastewater and sewer, waste handling and electricity services. Enstar Natural Gas Co. is bucking the trend, however. Natural gas prices for 2012 will be down, the company said.

Parnell flip to LNG over gas pipeline causes a stir

Parnell flip to LNG over gas pipeline causes a stir

Gov. Sean Parnell caused a stir when he announced support in a speech in Anchorage Oct. 27 for taking a new look at a pipeline across Alaska to a liquefied natural gas (LNG) project in a “southern Alaska” port (note there was no preference for Valdez or Kenai.) While the governor’s comments were significant as a long-delayed deviation from his support of the 48-inch pipeline to Alberta being worked by TransCanada  and ExxonMobil, a close reading of what the governor…

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Progress made on state’s plan for 24-inch gas pipeline from slope

Progress made on state’s plan for 24-inch gas pipeline from slope

Progress is being made on the state’s 24-inch gas pipeline project. A 474-mile state right-of-way was granted to the state’s planned 24-inch gas pipeline July 25, and a Draft Environmental Impact Statement for the $7.5 billion project is due in August. The Alaska Gasline Development Corp., a state corporation planning the project, hopes for a final EIS by early 2012, but it will still be a while before dirt is turned. More engineering and technical studies are needed, which will…

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Doyon will continue gas exploration in Nenana Basin near Fairbanks

Doyon will continue gas exploration in Nenana Basin near Fairbanks

Doyon, Ltd., the Interior Alaska Native regional corporation, is planning new seismic work this winter in the northern part of the Nenana Basin, an Interior Alaska basin about 60 miles west of Fairbanks that is considered gas prone but also has oil potential. About 120 miles of two-dimensional seismic is planned for this winter. Doyon is an Alaska Native development corporation with about 11 million acres of surface and subsurface land holdings in Interior Alaska. The Nenana Basin project is…

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Slope-Fairbanks LNG trucking will complicate state “bullet” gas line

Slope-Fairbanks LNG trucking will complicate state “bullet” gas line

The announcement by Golden Valley Electric Association and Flint Hills Resources Aug. 5 that they will pursue a liquefied natural gas trucking operation from the North Slope may complicate the state’s proposal to build a 24-inch natural gas pipeline from the slope. The pipeline, being planned by the Alaska Natural Gas Development Corp., or AGDC, would pass near Fairbanks en route to Southcentral Alaska. The state’s gas pipeline couldn’t be built and delivering gas until 2019, however, assuming a very…

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