Major Oil Producers Must Come Together By March 31

Governor expects three major oil producers to come to partnership within two and half months

Tools

By Bill McAllister
Bio | Email

Story Created: Jan 20, 2012 at 10:56 AM AKDT

Story Updated: Jan 20, 2012 at 11:57 AM AKDT

After Wednesday’s State of the State speech, Governor Sean Parnell is standing by his call for the three major North Slope producers to come together on a natural gas pipeline project by March 31.

It remains unclear what the governor would do if BP, Exxon Mobil and ConocoPhillips fail to announce a partnership by the end of the first quarter of 2012.

The governor held a press availability Thursday and stuck with his proposed timetable for the oil companies – alignment under the Alaska Gasline Inducement Act, within two and half months, and by the end of September conclusions on merging with an in-state bullet project and exporting liquefied natural gas on tankers to Asia.

Exxon declined comment, BP says it’s being “responsive” and Conoco praised Parnell for staying the course on reducing oil production taxes.

The governor wants all the parties to the Point Thomas gas field, to settle their legal disputes with the State within three weeks, before the case is scheduled to end up back in court.

Point Thomas has an estimated nine trillion cubic feet of gas, making it essential to a pipeline project.

 

You have indicated this comment should be removed.

Close

The comment has been submitted for review. Thank you .

Anonymous said on Sunday, Jan 22 at 7:04 PM

or what all that stock goes back to the BIRTHRIGHT owner eh Sean...or was that done backdoor using TransCanada as a carrier to the Prince while "vacationing" in Canada...crimes crimes crimes

80254588
Inappropriate? Alert Us!

Add a comment

Name:

Comment: 1000 Characters Left

KTVA CBS 11 | Anchorage, Alaska News and Weather and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.