Despite a world awash in liquefied natural gas, Alaska is still working on its $40 billion-plus Alaska LNG project, which if built could deliver 20 million mt/year of LNG to world markets. State officials involved in the project, however, say they are under no illusions about current LNG markets. Their goal, they say, is to get the project ready when it comes to licensing and permits and to get an updated cost estimate so it is ready to go if markets turn around. Joe Dubler, CEO of the state-owned Alaska Gasline Development Corp. (AGDC), said ExxonMobil and BP are still contributing to the ongoing work under an agreement. Dubler briefed a state legislative committee Friday on the project. The budget […]