FERC notes pipeline progress to Congress

Posted: Monday, February 23, 2009

ANCHORAGE - Competing plans to deliver natural gas from Alaska's North Slope to market have made further process in the last six months, according to a report to Congress.

The Federal Energy Regulatory Commission report delivered Friday said both the plan from Denali and TransCanada Alaska have advanced to the detailed planning and project development stage.

Both plans, the report said, are working toward obtaining quality information to conduct their respective open seasons, or toward the formal process to obtain shippers, by next year.

FERC reports to Congress of pipeline development every six months. Friday's report notes that Denali, a partnership of BP and ConocoPhillips, continued its pre-filing work, performed field work and hired a contractor to evaluate a major gas treatment plant for the North Slope.

Another development was the awarding of a state license to TC Alaska, a subsidiary of TransCanada, under the Alaska Gasline Inducement Act.

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