State, BP reps travel to Asia to launch marketing efforts for Alaska LNG

[unhappycamper]

http://www.adn.com/article/20140916/state-bp-reps-travel-asia-launch-marketing-efforts-alaska-lng

State, BP reps travel to Asia to launch marketing efforts for Alaska LNG
Alex DeMarban
September 16, 2014

A delegation of state officials and BP executives spent four days in Asia last week meeting with utilities and others entities that could one day be involved in buying natural gas from the massive Alaska liquefied natural gas project that continues to advance but remains years from reality.

The trip to China, South Korea and Japan -- the world's largest LNG importer -- included cabinet members Joe Balash and Angela Rodell from the administration of Gov. Sean Parnell, as well as Dan Fauske, head of the Alaska Gasline Development Corp., and Janet Weiss, regional president of BP Alaska.

Balash, commissioner of the Department of Natural Resources, said the trip stemmed from the Heads of Agreement, the guidance document for the Alaska LNG project, which requires the gas owners to initiate marketing efforts for the project. BP initiated this effort.

It was the first such trip for the project -- estimated to cost anywhere from $45 billion to more than $65 billion and calling for overseas gas deliveries after construction of an 800-mile pipeline across Alaska, a liquefaction plant in Nikiski and other structures.