Governor Bill Walker on Friday said he is set to make a trip to Singapore and South Korea later this month in an attempt to market the Alaska LNG project.
“As Alaska takes the lead in developing its North Slope natural gas, it is absolutely critical that we go to the global market and meet with prospective buyers,” said Governor Walker.
To remind, the state of Alaska will take over full management of the US$45 billion-plus project through the state-owned Alaska Gasline Development Corp, as ExxonMobil, BP and ConocoPhilips decided no to invest further into the project.
While in Korea, Governor Walker and his team will meet with representatives from Kogas, the largest single buyer of liquefied natural gas in the world, as well as the officials from POSCO, GS Energy, the Korea Energy Economics Institute, the Korea Ministry of Foreign Affairs, the United States Ambassador to Korea, and others in an effort to promote the sale of Alaska’s North Slope natural gas, a statement by the governor’s office says.
The governor will be joined by Keith Meyer, president of the Alaska Gasline Development Corporation, John Hendrix, chief oil and gas advisor and Andy Mack, Department of Natural Resources commissioner.
“There are many global LNG projects vying for buyers’ attention. The competition is intense, Alaska needs to actively promote its benefits to secure its share of the global LNG market,” AGDC President Keith Meyer said.