The Alaska Gasline Development Corporation (AGDC) filed an application with the Federal Energy Regulatory Commission (FERC) seeking permission for its Alaska LNG project.
FERC will prepare the environmental impact statement for the project as well as coordinate permit applications with other federal agencies, which according to AGDC will reduce permitting risk and provide surety to the project participants.
Draft EIS for the Alaska LNG project is expected to be developed in 12 months with the final EIS to take further six months.
Alaska LNG project has three major components, a gas treatment plant located at Prudhoe Bay, an 800-mile pipeline to Southcentral Alaska with up to five offtakes for in-state use, and a natural gas liquefaction plant in Nikiski to produce LNG for export.
“Today’s FERC filing marks a major milestone in moving the Alaska LNG project forward,” said AGDC president Keith Meyer.
The project liberates 35 trillion cubic feet (TCF) of proven natural gas resources stranded on the North Slope. The liquefaction plant will be authorized to process 20 million tons of LNG per year for export, which will provide revenue to the State of Alaska for generations.
AGDC also filed major permit applications with four additional federal agencies, including the Pipeline and Hazardous Materials Safety Administration (PHMSA), Army Corps of Engineers, Bureau of Land Management, and National Marine Fisheries Service.