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Providing coverage of Alaska and northern Canada's oil and gas industry
February 2011

Vol. 16, No. 6 Week of February 06, 2011

Energia Cura names pipeline Arctic Fox

A proposed small gas pipeline from Alaska’s North Slope to the state’s Interior now has a name: The Arctic Fox Pipeline.

Energia Cura, a Fairbanks-based energy consulting firm and parent to Fairbanks Pipeline Co., said in a Feb. 2 statement that the line was named after Congressman Don Young, R-Alaska, commented that the proposed line would be small, smart and quick.

Energia Cura met with Young Dec. 27 to discuss the value of the line, which would be a small-diameter high-pressure line moving volumes of gas justified for Interior markets.

Energia Cura said it has also met with Mike Nizich, chief of staff to Gov. Sean Parnell, to reiterate a request for a due diligence review of the project and continues to meet with Alaska leaders and others in the industry.

“We have substantiated the viability and profitability of an all-Alaska natural gas pipeline and we openly invite the public and our public officials to review our feasibility study and economic analysis,” said Alex Gajdos, FPC co-founder. “We want our public officials to see that that there is a valid alternative to waiting for a big pipe. We can move gas to Alaskans now and prosper by owning the pipeline ourselves. We can get gas to Alaskans now.”

FPC said it will continue to provide its documents to interested parties and will continue to post detailed updates on the firm’s website, www.fairbankspipelinecompany.com.

Energia Cura has constructed pipelines in Alaska and operates and maintains a pipeline system connecting the trans-Alaska pipeline system to both North Pole refineries.

—Petroleum News






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