Alaska Natural Gas Pipeline Message Board

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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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To: Dennis Roth who wrote (287)	3/12/2007 6:09:15 PM
From: upanddown	of 570

Dennis If all they think they have at Mackenzie is 6 TCF ($42B USD at today's prices), I can understand the reluctance to spend C$20B. I can also see why the North Slope operators are dragging their feet on a gas pipeline. They question the economics. A gas pipeline paralleling the crude pipeline would probably cost $30B. Then there is huge additional expense for liquefaction plants, LNG tankers and regas plants on the American west coast, which is the only place Alaskan LNG could go. Building maybe 3 regas plants on the west coast (one each in Puget Sound, S.F.-Oakland and L.A.- Long Beach?) would encounter enormous NIMBY opposition. It just ain't gonna happen and Alaskan politicians making plans are not going to make it happen. OTOH, there is an additional 35 TCF just 400 miles from the Mackenzie Delta on the north slope. XOM and COP are both north slope partners and Mackenzie partners. Why are they not pushing for a partnership with Canada that would build a 1200 mile pipeline from Prudhoe to northern Alberta and supplied by both the north slope and Mackenzie? No LNG expense and it could supply central Canada and the American midwest. The Canadian pipeline would certainly have to be expanded well beyond 1.2 BCFD. You have two projects that look uneconomic. Combining them may be the only way to make them work. I personally think we should be making every possible attempt to forge energy partnerships with Canada. One obvious major obstacle would be how to get the pipeline across ANWR. If they can't get 2000 acres for drilling out of a 21,000,000 acre reserve, how do we get a far more intrusive pipeline built? encarta.msn.com John

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