For more than thirty years, the Alaska Highway Pipeline Project has been examined with periodic peaked public interest. The proposed pipeline would bring 35 trillion cubic feet of proven natural gas reserves in Alaska’s North Slope basins to growing southern North American markets, via Canada.
Despite the growing demand for natural gas, the project continues to present high financial risks to participants with its incredible complexity, size, cost and long development time commitment.
Project momentum is once again building mainly due to the passing of the Alaska Gasline Inducement Act (AGIA) in 2007. The AGIA is intended to stimulate competition among gas producers and pipeline operator and ultimately award a license with incentives to help move North Slope gas south along an Alaska pipeline.
TransCanada Pipelines, which has succesfully received an AGIA license, is the only proponent proposing the development of an Alaska Highway Gas Pipeline. An all-Alaska pipeline option (called the 'Bullet' line) is also under review. It would carry North Slope natural gas to tidewater in Alaska. There the gas would undergo liquefaction to produce liquefied natural gas (LNG), be loaded onto tankers and shipped to market.
The AHAPC also monitors the progress of the proposed Mackenzie Gas Project in the Northwest Territories.
Note: Inset image showing the proposed pipeline route: courtesy of the Yukon Government
Yukon Energy Mines and Resources Map Viewer
News
The news items below are an updated listing on the pipeline and related media releases. They have been compiled by the AHAPC unless otherwise stated. Source materials include: The Anchorage Daily News, Daily News - Miner, KTUU.com, Up Here Business Magazine, Petroleum News, industry media releases, etc.
