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Wednesday, November 25, 2015

Alaska Finalizes Deal To Buyout TransCanada's Share In Proposed Alaska LNG Export Project -- November 25, 2015

From Seeking Alpha:
  • Alaska finalizes its deal to buy out TransCanada's share in the proposed Alaska LNG export project for $64.6M, giving the state direct ownership in the project along with partners BP, ConocoPhillips,  and Exxon Mobil.
  • The $45B-$65B project would transport natural gas from the North Slope fields, then liquefy the fuel at a facility on Cook Inlet for shipment to markets in Asia; it has not yet been approved for construction and would not start commercial shipments before 2023.

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