Progress
The Alaska Pipeline Project is moving ahead on technical, engineering, commercial, and regulatory work and is meeting its commitments under the State of Alaska’s AGIA legislation. The project understands the key issues that lie ahead, and while they are complex, is working to resolve those that are within our control.
Ultimate success, however, will require the commitment and support of all parties, including the project, Producers/potential shippers, the State of Alaska, the governments of the U.S. and Canada, key communities, stakeholders and the general public.
Open Season & Commercial Developments
The project conducted its initial open season in 2010, receiving multiple bids from potential shippers, and has engaged in negotiations with potential shippers to execute signed precedent agreements. The Alaska Pipeline Project has achieved a number of commercial milestones:
- Received approval from the U.S. Federal Energy Regulatory Commission (FERC) to conduct the first natural gas open season in North Slope history.
- Developed a credible cost estimate and competitive commercial offering for potential shippers to evaluate during the open season.
- Completed the open season in full compliance with FERC regulations and the AGIA license.
- Attracted multiple bids from major industry players for significant volumes of gas.
Regulatory Approvals & the Permitting Process
The project is actively working to file major permit applications with FERC and the Northern Pipeline Agency (NPA) in 2012 by advancing the essential groundwork for securing permits, including environmental, regulatory, and land field studies and stakeholder engagement.
- Filing of project information with regulators in Alaska and Canada.
- Conducting extensive environmental, cultural and biological studies and field work in both Alaska and Canada. View video
- Expanding coordination with regulatory agencies in Alaska, the U.S. and Canada.
- Engaging in active communications and dialogue with Alaska Natives, First Nations and other Canadian aboriginal peoples, and communities along the project corridor.
Engineering & Construction Planning
The project is conducting a number of technical and engineering studies in order to advance the design and construction plans for project facilities.
- Completed extensive engineering and commercial work to develop a credible cost estimate for potential shippers to evaluate during the open season.
- Conducting technical and engineering studies, including engineering field studies to refine design plans for gas transmission pipelines and the gas treatment plant. View video...
- Advancing pipeline technology studies to test line pipe and welding materials. View video...