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JUNEAU, Alaska (AP) -- Gov. Sean Parnell says an agreement has been signed that allows for the next stage in pursuing a major liquefied natural gas project.
Parnell says environmental field work and pipeline engineering have begun as part of a phase in which the parties are expected to spend hundreds of millions of dollars.
There's still no guarantee the mega-project will be built, but Parnell called the agreement and work underway a mark of significant progress.
The parties involved are BP, ConocoPhillips, ExxonMobil Corp., TransCanada Corp., and the Alaska Gasline Development Corp.
ConocoPhillips was previously a holdout to signing because of issues the company said were confidential. A spokeswoman said those issues have been resolved.
Parnell said the project, in the coming weeks, will work to begin the process of securing an export license.
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Transcanada Pipelines Ltd.
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CODE : TRP.TO |
ISIN : CA89353D1078 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Transcanada Pipelines is a producing company based in Canada. Transcanada Pipelines is listed in Canada. Its market capitalisation is CA$ 42.7 billions as of today (US$ 31.2 billions, € 29.3 billions). Its stock quote reached its lowest recent point on February 18, 2000 at CA$ 10.00, and its highest recent level on February 21, 2020 at CA$ 76.58. Transcanada Pipelines has 867 229 952 shares outstanding. |