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Natural Gas Options & Implications: Bridging High Energy Costs. SWAMC March 5, 2014 Anchorage, Alaska. Board Members: Chairman, Dave Cobb – City of Valdez Vice-Chairman, Bert Cottle – City of Valdez Secretary, Steve Haagenson – Fairbanks North Star Borough

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Natural gas options implications bridging high energy costs

Natural Gas Options & Implications:Bridging High Energy Costs

SWAMC

March 5, 2014

Anchorage, Alaska


  • Board Members:

    • Chairman, Dave Cobb – City of Valdez

    • Vice-Chairman, Bert Cottle– City of Valdez

    • Secretary, Steve Haagenson– Fairbanks North Star Borough

    • Treasurer, Merrick Peirce – Fairbanks North Star Borough

    • Board Member, Dave Dengel– City of Valdez

    • Board Member, Jim Whitaker – Fairbanks North Star Borough

  • Project Manager / General Counsel, Bill Walker – Walker Richards, LLC


LNG from Alaska

is the

Closest North American LNG

to Asian Markets


8



Letters of intent for asian market signed with agpa
Letters of Intent for Asian Market signed with AGPA

East-West Power Co. Ltd. (Korea)GS Energy (Korea)

POSCO (Korea)

KOGAS (Korea)

PTT International (Thailand)PGN LNG (Indonesia)



  • Since founding in 1983, it has grown to become the world’s largest LNG importer.

  • KOGAS is committed to providing clean, safe and convenient energy to the people of Korea.

  • KOGAS currently operates three LNG terminals and a nationwide pipeline network spanning 3,022 km in order to ensure stable supply for the nation.

  • KOGAS imports LNG from around the world and supplies it to power generation plants, gas-utility companies and city gas companies.

  • KOGAS received the sovereign credit rating of A1 and A, the highest credit rating ever given to a Korean company by the Moody’s and S&P.

    “I look forward to a joint journey together with AGPA for the success of the project.”

    June 2012


AGPA’s Aggregated Volume for ExxonMobil’s Non-Binding Solicitation of Interest

KOGAS (Korea)

POSCO (Korea)

GS Energy (Korea)

PTT International (Thailand)

PGN LNG (Indonesia)

East-West Power Co. Ltd. (Korea)

Total Export: 2.8 bcf/d

In-state: .250 mcf

Total 3.05 bcf/d

(Not all of the above companies have designated off-take volumes)


Japan Solicitation of InterestFirms Open Alaska Office to Pursue LNG

Anchorage Daily News, October 24, 2012

“…the group sent a letter to TransCanada indicating an interest in shipping 2.7 billion cubic feet a day through a potential large-diameter pipeline from the North Slope to south Alaska during the pipeline company’s recent non-binding Solicitation of Interest to shippers.”(Emphasis added)

“Members of the Japanese consortium include Japan Petroleum Exploration Co. Ltd.; Idemitsu Kosan Co.; JX Nippon Oil and Energy Corp.; Mitsubishi Gas Chemical Co. and Nippon Telephone and Telegraph.”


Total Nomination for LNG Per AGIA Solicitation of InterestSolicitation of Interest, September 14, 2012

Asia market nominations 5.50 bcf/d

In-state demand .25 bcf/d

5.75 bcf/d

Maximum Volume Capacity 48” line (max. compression) 5.9 bcf/d

Wood Mackenzie economic calculations of $ to Alaska based on 2.7 bcf/d project


Alaska’s Competition for Asian Markets Solicitation of Interest

ExxonMobil

  • Qatar – North Field

  • Papua New Guinea

  • Australia

  • Golden Pass (U.S. Gulf Coast)

    ConocoPhillips

  • Qatar

  • Australia and Timor-Leste

    BP

  • Trinidad (Atlantic LNG)

  • North West Shelf (Australia)

  • ADGAS (Abu Dhabi)

  • Tangguh (Indonesia)

  • Bontang (Indonesia)


Potential benefits to alaskans from a state owned gasline lng project by pdc harris group llc
Potential Benefits to Alaskans Solicitation of Interestfrom a State-Owned Gasline/LNG ProjectbyPDC Harris Group LLC

Energy Cost Savings: Bethel and Fairbanks

  • Bethel energy cost savings of up to 65%

  • Equates to potentially $886 million in fuel savings cost for Bethel residents (over 30 years)

  • Fairbanks energy cost savings up to 80%


Benefits to all alaskans from large volume gasline to tidewater with lng export
Benefits to All Alaskans from Large Volume Gasline to Tidewater with LNG Export

  • Low Cost / Clean Burning Energy to Alaskans.

  • Revenues to Alaska equivalent to 10PFDs.


Thank you Tidewater with LNG Export

731 N Street

Anchorage, Alaska 99501

www.allalaskagasline.com


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