Skip to comments.Utility, refiner form pact to truck North Slope gas
Posted on 08/08/2011 5:39:21 AM PDT by thackney
Two companies have formed a partnership to truck liquefied natural gas from the North Slope to the Interior in a move expected to lower high energy costs and keep an important business operating.
The Fairbanks Daily News-Miner reported Friday that Golden Valley Electric Association and Flint Hills Resources are partners in the $180 million project. The companies say a steady supply of natural gas will help wean their operations away from expensive diesel fuel.
The electric utility figures that replacing diesel with gas in its generators will cut about 10 percent off electric bills to nearly 100,000 Interior customers. Flint Hills spokesman Jeff Cook also said the gas will keep the North Pole refinery in business.
The plan is to have natural gas in place by 2014.
(Excerpt) Read more at adn.com ...
Lower electric costs? No way!
Cleaner fuel than diesel? Must study until grants run out.