By OGJ editors
HOUSTON, Mar. 25 -- MidAmerican Energy Holding Co., Des Moines, Iowa, has withdrawn its application with the state of Alaska to develop a $6.3 billion gas pipeline under the Stranded Gas Act to transport gas from the North Slope to the Lower 48.
MidAmerican Energy is a privately held company of which Warren Buffett and his Berkshire Hathaway Corp. are the major owners.
Alaska Gas Transmission Co., a MidAmerican subsidiary, had filed the application along with Pacific Star Energy, and Cook Inlet Region Inc. (CIRI). Pacific Star Energy is an umbrella group of 12 of the 13 Alaska Native corporations (OGJ Online, Jan. 26, 2004).
The decision to withdraw the application has the support of the others, MidAmerican said.