Gee, I wonder why these Bigshot LNG guys would be worried if their project gets held up.....??
S'pose there might be some "demand" in China they are interested in marketing to?? (....through a little bitty InchWorm company like, ....ah, ...er, ...hmmm, ....LGOV?)
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LNG WORLD TRADE AND LNG-FED POWER PRODUCTION
Developers of TAGS Delay Project, Remain Optimistic
Facing a May 22, 1998, construction start-up deadline, developers of the
Trans-Alaska Gas System (TAGS) have filed a motion with FERC to extend the
time within which project sponsor, Yukon Pacific, Anchorage, may begin
construction of its LNG export project through May 22, 2001.
Conceding that "a commission denial of this motion would be a serious set-back
for the project, and possibly even cause its abandonment," Yukon Pacific points
to the progress which has been made on TAGS since the original order of May
22, 1995: the establishment of the state-sponsored North Slope gas
commercialization team; a memorandum of understanding by the major North
Slope gas producers to seriously examine making TAGS possible; and state
legislation proposed by Alaska Governor Tony Knowles calling for tax incentives
and related measures which would improve the commercial viability of the
project.
the InchWorm guy |
