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Natural gas pipeline moves forward [Alaska gasline gets multiple open-season bids]
ADN ^ | July 30, 2010 | Richard Mauer

Posted on 07/30/2010 7:13:19 PM PDT by Al B.

The proposed multibillion-dollar TransCanada gas pipeline from the North Slope took a step forward this afternoon with the receipt of bids from potential shippers willing to pay to move gas to markets.

"The Alaska Pipeline Project can report that we've received multiple bids from major industry players and others for significant volumes," said Tony Palmer, a TransCanada Corp. vice president.

Reading from a short prepared statement, Palmer said, "We're encouraged about the future advancement of the project if key conditions can be resolved. Although we need to further assess the results, we're encouraged by the bids received, the interest expressed in our initial open season and shippers' willingness to take the ongoing steps needed to continue to advance the project.

"Our next goal will be to move forward with those shippers to try to resolve any conditions that are outstanding," Palmer said.

Palmer's announcement came after the conclusion Friday of TransCanada's 90-day open season and will likely remain secret for months while the company and its partner, Exxon Mobil, evaluate them and negotiate conditions.

(Excerpt) Read more at adn.com ...


TOPICS: Business/Economy; News/Current Events; US: Alaska
KEYWORDS: agia; elections; energy; government; obama; palin; politics; transcanada

1 posted on 07/30/2010 7:13:22 PM PDT by Al B.
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To: snowrip; Chunga; DTogo; sarasota; NurdlyPeon; Do Be; PA Engineer; Jeff Head; kanawa; Dave W; ...

(((((((((((Palin Ping)))))))))))))


2 posted on 07/30/2010 7:27:23 PM PDT by Clyde5445 (Gov. Sarah Palin: :"You have to sacrifice to win. That's my philosophy in 6 words.")
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To: Al B.
O'Bama won't be able to stop a Canadian project.

If it would or could be American, it would be DOA. The the leadership of the Canucks haven't taken leave of their senses like those here in US of A.

3 posted on 07/30/2010 7:28:59 PM PDT by oyez (The difference in genius and stupidity is that genius has it limits.)
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To: Al B.

Now that’s Good News.


4 posted on 07/30/2010 7:31:51 PM PDT by Clyde5445 (Gov. Sarah Palin: :"You have to sacrifice to win. That's my philosophy in 6 words.")
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To: Clyde5445

Yes it is.


5 posted on 07/30/2010 7:38:15 PM PDT by Al B.
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To: Al B.

Not to rain on anyones parade - but, please note the weasel words

” if key conditions can be resolved”

One word on that

taxes.

I guess we will have wait until real information is released. Even tho Alaska is paying for this.


6 posted on 07/30/2010 7:42:00 PM PDT by ASOC (Alpha India Alpha Three Tango Alpha)
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To: Al B.

This was Sarah Palin’s project..


7 posted on 07/30/2010 7:43:45 PM PDT by Hojczyk
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To: Al B.
TransCanada: 'Multiple bids' for Alaska gas line
8 posted on 07/30/2010 8:11:53 PM PDT by Josh Painter ("Every time a Democrat mocks Sarah Palin, an independent gets its wings." - JP)
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To: wtc911
"Palin's" Natural Gas Pipeline, which she left in the very capable hands of Lieutenant Governor Parnell. Genius. Read the article, get an edumacation. < snicker!! >

;-/

9 posted on 07/30/2010 8:52:14 PM PDT by Gargantua (The "Second Death")
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