August 28, 2008
Thursday

Wednesday, Alaska Governor Sarah Palin signed House Bill 3001, authorizing the state to award an AGIA license allowing TransCanada Alaska to start developing a 1,715-mile natural gas pipeline from a treatment plant at Prudhoe Bay to the Alberta Hub in Canada. The Governor signed the bill at the Alaska AFL-CIO's biennial convention.

"After dreaming of a natural gas pipeline for more than 30 years, Alaskans have now created the framework for the project to advance," Governor Palin said. "This legislation brings us closer than we've ever been to building a gas pipeline and finally accessing our gas that has been languishing for so many decades on the North Slope."

TransCanada Corporation has successfully constructed many natural gas pipelines and now operates more than 36,000 miles of natural gas pipelines in North America.

"TransCanada appreciates the support the Governor, the Legislature and Alaska have shown for the Alaska gas pipeline, and our role as the AGIA Licensee," TransCanada Vice President Tony Palmer said. "Our company has started field work on the project in order to meet our target date for completing the initial open season within two years."

TransCanada Alaska has already authorized specific aerial photography, engineering work and environmental gap analysis in support of the open season project. The AGIA license will be issued in 90 days.

Source of News:

Office of the Governor
www.gov.state.ak.us

 

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