AGIA Completeness Review Finalized
TransCanada Meets Statutory
January 07, 2008
(SitNews) - Alaska Governor Sarah Palin announced Friday that
the State of Alaska has finished its completeness review of the
five AGIA applications. The application from TransCanada Alaska
Company, LLC/Foothills Pipelines, Ltd. ("TransCanada")
satisfied all of the mandatory requirements set out in AGIA.
Thus, TransCanada's application will move to the next phase,
the evaluation phase, of the AGIA process.
AGIA requires that, before an application can be evaluated, it
must first undergo a "completeness review" by the commissioners
of Natural Resources and Revenue to determine whether it complies
with the requirements of AGIA. Then, the commissioners must
evaluate the application to determine whether it will sufficiently
maximize the benefits to Alaskans and merit issuance of the exclusive
AGIA license. The commissioners are now soliciting public comment
to help them evaluate the TransCanada application and make that
The five companies which had applied under AGIA to develop and
build a natural gas pipeline to transport North Slope gas to
market were: AEnergia LLC, the Alaska Gasline Port Authority,
the Alaska Natural Gas Development Authority, Little Susitna
Construction Company, Inc. ("Sinopec ZPEB"); and TransCanada.
While TransCanada's application was deemed complete, the commissioners
determined that the other four applications did not meet the
requirements of AGIA. Those applications will not be evaluated
"We have reached another important milestone in bringing
our Alaska's natural gas to market," said Governor Palin.
"We have long stated that it only takes one good application.
We're thrilled to have a project sponsor willing to build a
pipeline on terms that benefit all Alaskans. Today's result
is tremendously satisfying."
Public review and comment began
on January 5, 2008 and will last 60 days, closing March 6, 2008.
The public may review all applications received and provide
comments to assist the commissioners in their determination of
whether TransCanada's application proposes a project that will
sufficiently maximize the benefits to Alaskans and merits issuance
of the exclusive AGIA license. If the commissioners find that
the TransCanada application meets that test, they will forward
it to the Legislature for approval.
On the Web:
All applications and public
comment procedures have been posted online at
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