Watching Government: Alaska gas line milestone

There had been numerous earlier agreements reached to build an Alaska natural gas pipeline. The former commercial agreement signed July 2 by Alaska Gasline Development Corp. (ANGC), BP PLC, ExxonMobil Corp., ConocoPhillips Co., and TransCanada Corp. was different. It basically moved the Alaska LNG project into the pre-frontend engineering and design (pre-FEED) phase—a stage no previous Alaska gas project has ever reached. Alaska Gov. Sean Parnell (R) welcomed the news. "Environmental and pipeline engineering fieldwork has officially begun," he said. "This milestone marks the historic progress we have made on a [gas pipeline]. Our way forward will continue to be on Alaska's ...

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