Friday, December 7, 2012

EIA includes Alaska LNG project in annual reference case forecast

<p>The U.S. Energy Information Administration is including a North Slope liquefied natural gas export project in the reference case of its annual forecast of domestic energy markets</p><p>After keeping an Alaska natural gas pipeline out of the reference case for the past two years, the statistical arm of the U.S. Department of Energy included a revised version of the project in the reference case of its Annual Energy Outlook 2013, released Dec. 5.</p><p>Despite looking five years further into the future than the 2011 and 2012 outlooks, the newest reference case still excludes an Alaska natural gas pipeline into the Lower 48 because assumed high capital costs and low natural gas prices in the lower 48 states make it uneconomical to proceed with the pipeline project over the projection period.</p><p>But the 2013 reference case includes an Alaska LNG export project coming online around 2023 and contributing to a near quadrupling of domestic LNG exports by 2040.</p><p><a href="http://www.petroleumnews.com/pntruncate/995782806.shtml">Keep reading...</a></p>

News Timeline



From Our Sponsor