Most extra questions from feds answered, AGDC says

Jul 11, 2018

 


A new route for the Kenai Spur Highway has been decided, should it be needed. But many other questions remain about the AK LNG Project.

Lisa Parker, the Alaska Gasline Development Corporation’s stakeholder engagement manager, tried to answer some of those at a meeting of the borough’s AK LNG advisory committee this week. She says AGDC has responded to almost all of the additional requests for information made by the Federal Energy Regulatory Commission.

“As of June 11th, we had responded to 538 out of the 569 additional questions that had been asked of us. Our next submission is later this week and the final submission will be in October. The reason for the ones in October relate back to getting the data and results back from some of the summer field work being done. Of the 1,370 data requests we’ve received from FERC...we’ve responded to 95 percent of those to date.”

On the business side, talks are ongoing with potential investors. BP has already signed back onto the project, after letting the state take control a couple years ago. That agreement was made in May and, among other things, it will identify potential funding sources for the next phase of front end engineering work.  Parker says agreements are still being negotiated with ConocoPhillips, Exxon and on the joint venture with China.

“Both sides, Alaska and China, are spending considerable time, effort, energy to get an agreement hammered out...and as you know, the goal is to get that done before the end of this year.”

The next big step is for FERC to put together a draft environmental impact statement. Parker says that should be done in March of next year. The borough AK LNG advisory committee will meet again on August 6th.