Former Alaska Gov. Bill Walker is spearheading a new company to build a “large volume” pipeline to export North Slope natural gas, according to state documents.
According to news media reports, Alaska Gasline & LNG LLC is working to buy the state’s proposed liquefied natural gas (LNG) project.
The state-owned Alaska Gasline Development Corp. (AGDC) assumed ownership of the proposal in 2016 after former partners BP plc, ConocoPhillips and ExxonMobil dropped out. The AGDC said earlier this year it planned to find a sponsor to complete the project or sell the assets, including permits and engineering work.
The Alaska LNG project has an estimated cost of $38.7 billion for a three-liquefaction train facility in Nikiski with capacity of 20 million metric ton/year (2.55 Bcf/d), an 807-mile pipeline to bring North Slope gas and processing facilities.
Walker is listed as the registered agent and one of four organizers for Alaska Gasline & LNG, which was incorporated earlier this month, according to Alaska Secretary of State records. Walker, an independent, served as Alaska’s governor from 2014-2018. He led the effort for the state takeover of the LNG project to complete permitting and potentially find partners.
Keith Meyer, a former Cheniere Energy Inc. executive, also is part of the Walker-led endeavor. Meyer was fired as the AGDC president in January 2019, three days after Republican Gov. Mike Dunleavy appointed four members to the AGDC board.
The other organizers are Bernie Karl and Laborer’s Local 341. Karl is listed in the state documents as the vice chair and a “public member” of the Alaska Energy Authority, the state’s lead agency for energy policy and program development, according to its website. The Fairbanks resident owns the Chena Hot Springs Resort LLC.
Local 341 represents workers in various industries in south-central Alaska, including construction and health care, according to its website.
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