From LNGworldnews:
Governor Sean Parnell issued a statement after the U.S. Department of Energy announced the Alaska LNG project is exempt from a new rule changing how the department handles LNG export permissions.
The exemption greatly streamlines the Alaska LNG project application.
“This is a clear signal the Alaska LNG Project is gaining momentum,” Parnell said.
“I appreciate Secretary Ernest Moniz’s commitment to the project and am glad to hear the Energy Department strongly supports an Alaska gasline. The Alaska LNG Project will create thousands of Alaska jobs, and fuel homes and businesses from the North Slope to Fairbanks and across dozens of communities in Alaska. The secretary clearly recognizes Alaska is an emerging natural gas province.”
AlaskaLNG is a monster project capable of delivering 20 million tonnes per annum, roughly the entire output of Australia’s three QLD projects. The capital outlay is comparable with Gorgon but the break even price is several dollars/mmbtu below Australia’s magnificently expensive seven. There’s along way to go on this one but there is a lot momentum with the Alaskan government an equity partner in the project.
Also today,
Mozambique’s natural gas sector will get a $30 billion investment to build the capacity for production of 20 million tonnes per year of LNG, with first exports planned to start in 2018.
Reuters reports that the investment will be directed into the development of ports of Pemba and Palma where the LNG facilities are planned and where Rovuma Basin gas will be transferred to.
Exports will start with a 5 million tonnes per year train in 2018 with plans to push the capacity to 20 million tonnes per year.
The government of Mozambique recently approved a “special regime” for LNG development in the Rovuma Basin areas 1 and 4, that will cover construction, operation and all other LNG related activities.
This project is of similar size to Alaska. Competition is piling in.
