Historical Info Directory
AGIA Background Information
In 2007 the Alaska Legislature passed AGIA - the Alaska Gasline Inducement Act (Alaska Statute AS 43.90 et. al.). AGIA was intended to encourage expedited construction of a natural gas pipeline that facilitates commercialization of North Slope gas resources, promote exploration and development of oil and gas resources on the North Slope, maximize benefits for Alaskans from the development of our state's oil and gas resource and to encourage oil and gas lessees and other persons to commit to ship natural gas from the North Slope to a gas pipeline system for transportation in Alaska and elsewhere. More...
Benefits to Alaskans
Commissioners' Findings and Determination
The Alaska Pipeline Project Open Season
On July 30, 2010 the Alaska Pipeline Project (APP) concluded the first ever open season for a gas pipeline to carry North Slope natural gas to market. APP reported that it “received multiple bids from major industry players and others for significant volumes” in the open season. Pursuant to the normal course of pipeline development, the APP is pursuing discussions with the bidders to negotiate the final terms of a precedent agreement. These discussions are ongoing. Additional information regarding the Open Season is available on the APP website at: http://www.thealaskapipelineproject.com/open_season.
Between November 2011 and January 2012 Alaska Governor Sean Parnell called upon ExxonMobil, BP and ConocoPhillips (the “Alaska North Slope Producers” or “ANS Producers”) to align with the APP and identify a concept for a large-diameter liquefied natural gas (LNG) export project from Alaska’s North Slope to tidewater in Southcentral Alaska. A framework for the project transition was included in Governor Sean Parnell’s January 19, 2012 State of the State address. Within the speech Governor Parnell set forth a roadmap for a natural gas project. This roadmap established benchmarks, including: producer alignment with the APP on an LNG export project, resolution of the Point Thomson litigation, and exploring opportunities to consolidate efforts between two, state-supported natural gas pipeline projects. Alignment between the producers and APP necessitated a project plan amendment (PPA). The following links address the benchmarks identified in Governor Parnell’s speech:
Governor Sean Parnell’s State of the State address (1/19/2012)
Point Thomson Settlement (3/29/12)
Alaska North Slope Producers’ CEO Alignment Letter (3/30/12)
Commissioners’ Letter Approving TransCanada’s Request for a Project Plan Amendment (5/2/12)
Project Transition Report (8/13/12)
ANS Producers & TransCanada’s letter re: Southcentral Alaska LNG Export Project (10/3/12)
In September 2012 TransCanada announced the results of a recently completed market solicitation to identify interest from potential shippers in a major natural gas pipeline project. TransCanada is required under its license with the State of Alaska to conduct non-binding solicitations of interest every two years. Though the results of the solicitation are confidential, a representative of TransCanada reported that the company had received interest from potential shippers and “major players from a broad range of industry sectors and geographic locations,” including North America and Asia.