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To: Marine_Uncle

Hope you guys don't mind me jumping in. I love threads on AK oil and gas.

There is a liquified natural gas project in southern AK that does export to Asia. I believe that is part of why rumors get started that Alaskan crude oil is exported to asia. The volume is pretty small, and if I am up to date, the project is more an experiment and off shoot of another project rather than stand alone economical production.

We could use the LNG here, but there is no U.S. west coast terminal to recieve the product. Proposals to exploit such a resource meet resistance from the usual suspects. Alot of Southern AK natural gas reservoirs and wells are shut in for lack of market, transportation, and conversion to liquids capacity.


12 posted on 02/26/2006 6:07:48 PM PST by EERinOK
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To: EERinOK

You jump in whenever you like. It's your web site as much as anyone elses. This whole LNG terminal issue is becoming a hot issue of lately. No one wants such terminals in their ports. Much like no one wants oil refineries in their cities/towns/municipalities. We all want low cost oil and gas based fuels but no one wants the industrial facilities around their backyards. Much like no one moving into developments on large tracks of sold farmland want the poor farmers to use natural fertilizers such as manure, because it stinks up their nice new neighborhoods. Draw your own conclusions.


14 posted on 02/26/2006 6:23:15 PM PST by Marine_Uncle (Honor must be earned)
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