NEWS BULLETIN

September 09, 2015 --- Vol. 21, No. 38September 2015

Fairbanks gas finalists selected

The Alaska Industrial Development and Export Authority has selected five businesses as finalists for evaluation of proposals for the delivery of affordable natural gas to the City of Fairbanks. The selection comes as part of the Interior Energy Project, an initiative to bring affordable energy to Fairbanks and the surrounding region of the Alaska Interior.

The finalists are Harvest Alaska LLC, an affiliate of Hilcorp Alaska LLC; Phoenix Clean Fuels LLC; Salix Inc.; Spectrum LNG LLC; and WesPac Midstream LLC. All of the proposals involve the production of liquefied natural gas for use in Fairbanks, with two companies proposing an LNG plant on the North Slope and three companies proposing LNG from Cook Inlet.

AIDEA says that it and the Alaska Interior gas and power utilities will immediately begin discussions with the finalists, with the objective of arriving in October at best and final project offers for each gas supply option. That should lead to a recommendation to the AIDEA board in December for a partner for the gas supply component of the Interior Energy Project, AIDEA says.

- ALAN BAILEY

See story in Sept. 13 issue, available online Friday, Sept. 11, at www.PetroleumNews.com


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