Alaska LNG Pipeline Project on Track Despite Slow Progress

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ANCHORAGE (AP) – Alaska’s pipeline project is slowly transferring to state leadership but could reach its goal before next year.

The Alaska Journal of Commerce reports the $45 billion Alaska LNG Project would export natural gas.

Alaska Gasline Development Corp.’s board of directors heard an update on the project Nov. 10.

Corporation President Keith Meyer told the board that though a self-imposed deadline of Oct. 31 passed without a signed agreement, he doesn’t see anything that will stop the process.

He said negotiations are continuing and a Dec. 31 goal is achievable.

BP, ConocoPhillips and ExxonMobil have partnered with the state on the project.

Most of the year has been spent working toward transferring to a state leadership model.

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