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September 2017

Vol. 22, No. 37 Week of September 10, 2017

Producers would sell gas to AGDC

The Alaska Gasline Development Corp. reported Sept 6 that it has concluded its solicitation for foundation customer capacity on the Alaska LNG system and has received expressions of interest.

AGDC President Keith Meyer said the capacity solicitation “enabled us to secure Foundation Customer status on the transportation and liquefaction system in an open and non-discriminatory process,” with one “Alaska producer submitting a conforming intent to subscribe for capacity on the system” and the three major North Slope producers expressing “interest in selling gas to AGDC for further sale to the global LNG markets.”

Agreements now have to be completed, and once that is done, Meyer said, AGDC “will have gas supply and foundation customer capacity that will allow us to provide an attractive bundled LNG sale to global customers.”

The capacity solicitation ran from June 15 through Aug. 31.

“The producers and AGDC independently indicated their desire to reserve capacity on Alaska LNG,” AGDC said.

AGDC said results of the capacity solicitation will allow it to “better determine the potential phased development of the system to meet market demand” and said the capacity it reserved during the solicitation will accommodate volumes for customers who prefer “to purchase LNG at the jetty rather than become a capacity holder.”

- KRISTEN NELSON






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