Comments on: Will historic Russia-China gas deal impact Alaska LNG project?

By: Brad Keithley

Brad Keithley — Fri, 23 May 2014 12:23:27 +0000

Personally, I think there is more potential impact here than initially meets the eye. If constructed, this brings incremental supplies that most previously anticipated headed to the European market to the Pacific Rim market, putting more competitive pressure on those projects, like Alaska, the BC project(s) and Australia, that of necessity are mostly if not entirely focused on the Pacific Rim. I agree with Larry that price ultimately will dictate results, but increased supply will lower price, pushing the high fixed cost projects (like Alaska’s) more toward the margin.

By: Ellen

Ellen — Fri, 23 May 2014 07:02:11 +0000

This is a great story. You do a great job of making youreaders better understand the relevance of, in this case, an international deal to our lives here in Alaska. After reading this story, I went to google to learn more about Gazprom’s visit to Alaska and couldn’t find anything. You are a remarkable reporter. Your blog is my primary source for news.

By: Lynn Willis

Lynn Willis — Fri, 23 May 2014 04:11:38 +0000

Alaska’s immediate competition will be from Canada. The Kitimat project for a pipeline from Northern British Columbia to Kitimat B.C. for export to Asia is now into the feed stage. Our Alaskan plan still has to clear pre-feed. Pre-feed requires another 12 to 18 months and the first cash outlays of 35 to 43 million dollars from our now deficit spending state. .
. After shale gas, how long ago in the past five years of the current Parnell Administration didn’t we clearly understand the AGIA project was not possible if it continued as a plan for a pipeline to Alberta? Despite the impact of shale gas, the AGIA plan never changed so we kept paying Trans Canada millions for nothing except for a permanent relationship with TransCanada to avoid being sued by them because the AGIA contract was so poorly written. .We simply got placed on the back burner (no pun intended).
There certainly is no guarantee of anything at this point other than spending from the state treasury and a nice sounding promise for the upcoming state election for Governor and incumbent legislators