$45 Billion Alaska LNG Project Is One Step Closer To Approval
September 10, 2014
Source: William Fletcher
Department: Oil Pro
The Alaska LNG Project has marked a major milestone with ExxonMobil's recent submission of a formal request to the Federal Energy Regulatory Commission (FERC) to begin the pre-file process for the major natural gas project.
The FERC pre-file milestone establishes the foundation for the activity associated with the environmental review required for the siting, design, and permitting for the construction of the proposed project.
Alaska LNG senior project manager, Steve Butt, commented, "We look forward to leveraging the extensive strengths of all the parties involved in the FERC pre-file process."
This process is supported by a second season of summer field work, which is part of the project's $500 million pre-FEED phase.
The main objective of the summer field work was to collect the data needed to support requisite environmental permitting for the project and to support the routing and siting of project facilities. The majority of the work was focused along the pipeline route from Livengood to the proposed LNG liquefaction facility site in Nikiski.
The proposed project facilities include a liquefaction facility in the Nikiski area on the Kenai Peninsula, an 800-mile, large diameter pipeline, up to 8 compression stations, at least five take-off points for in-state gas delivery, a gas treatment plant located on the North Slope and transmission lines to transport gas from Prudhoe Bay and Point Thomson to the gas treatment plant.
Global Equity Consulting, LLC is engaged in driving profitable growth and value primarily for small and mid-size businesses and their owners as well as the private equity firms who may have a stake in these businesses.