Denali -- The Alaska Gas Pipeline started its open seasons Tuesday for the U.S. and Canadian portions of the Denali Project, which would carry gas from Alaska's North Slope to Lower 48 markets. Both open seasons will last 90 days, ending on Oct. 4.
"The quality of our technical and commercial work will provide our potential customers with the information they need to consider in making the multi-year, multi-billion-dollar commitments necessary to move this project forward," said Denali President Bud Fackrell.
The Denali project consists of a gas treatment plant (GTP) on the Alaska North Slope, transmission lines from the Prudhoe Bay and Point Thomson fields to the GTP, an Alaska mainline that will run from the North Slope to the Alaska-Yukon border, and a Canada Mainline that will transport gas from the Alaska-Yukon border to Blueberry Hill, AB.
Also included will be delivery points along the route to help meet gas demand in Alaska and Canada. Denali's cost estimate for the GTP and the mainlines is approximately US$35 billion. Denali has invested more than 670,000 man-hours and more than US$140 million to prepare for the open seasons.
Denali is owned by subsidiaries of BP plc and ConocoPhillips. Its open season plan was approved by the Federal Energy Regulatory Commission last month (see Daily GPI, June 9). Denali is competing against a state-sanctioned pipeline project sponsored by TransCanada and ExxonMobil Corp. (see Daily GPI, May 3; April 5).
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