RE: Feed and fid9 Feb 2025 12:40
Curtesy of Slimfat bloke on Discord: Governor Dunleavy statement FID for pipeline by end of year. That's what is called moving at speed.
"Then we begin getting sellers of gas, wanting to sell. Great-Bear Pantheon, Hilcorp, Exxon, Conoco-Phillips. All talking now and engaged in Gas Sales Precedents Agreements.
Then we've had Asian buyers kicking the tires for some time, but the project at 43 billion dollars, the three phases of the project, the liquefaction plant, the pipe and the carbon stripper on the Slope. That was a big bite for many to take. When we shifted it to phase one, breaking it up into phases and phase one being the pipeline, Wood Mackenzie came out in October/November with a report which basically said that phase one pipeline could pay for itself just by utilities purchasing gas in Alaska, which was a real game changer.
So, companies like Enbridge, and now Glenfarne, are very interested, I think you're going to see some paper come out in the next couple days. Signed paper on these folks being involved directly in the pipeline to shepherd it through the process"
We need to update what they call Front End Engineering Design on the pipe. Last time we updated the cost of the pipe was two thousand and fifteen, so, we want to go through that process. We think it's only going to take a few months, six, seven months at the most because of the engineering that was done two thousand and fifteen. Once that happens, we'll know what the price of the pipe is and they can calculate what the cost of the gas and the tolling would be through that pipe, and I think at that point you're going to see some final investment decisions coming here. Probably before November/December of this year"