Alaska LNG preparing equity offering, open to joint ventures
WASHINGTON,(Reuters) - Alaska Gasline Development Corp (AGDC) is preparing an equity offering for this summer and is open to partnering with a major energy firm on the development of its $43 billion Alaska LNG export terminal and pipeline project, an executive said on Thursday.
"We're going to be putting forward an equity offering that we will hopefully take out onto the street this summer, to try and attract equity dollars," AGDC senior vice president Frank Richards told Reuters at the World Gas Conference in Washington, D.C.
"Now if there are international oil companies that have a desire to participate in the project, we will be glad to talk to them," he added. (Reporting by Julie Gordon in Washington, D.C. Editing by Marguerita Choy)
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
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Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT