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Energy Action Coalition

New North Slope LNG Export Project

Mead Treadwell, Chairman and CEO, Qilak LNG

David Clarke, President, Qilak LNG

Friday, October 25th

noon-1pm

Alaska USA Federal Credit Union

500 W 36th Avenue

(Google Map)

Mead Treadwell and David Clarke of Qilak LNG, will brief us on week’s announcement to bring Alaska LNG to market by export from the North Slope.

According to Wednesday’s press release:

“Alaska-based Qilak LNG Inc. (“Qilak LNG”), a Lloyds Energy company, announced today that a Heads of Agreement (HOA) has been entered into with ExxonMobil Alaska Production Inc. regarding the potential supply of natural gas from the Point Thomson field to Qilak LNG’s proposed Alaska North Slope liquefied natural gas (LNG) export project (Qilak LNG 1 Project). The HOA foresees ExxonMobil providing at least 560 million standard cubic feet per day (mmscfd) of natural gas to Phase 1 of the Qilak LNG 1 Project, based on the design concept of offshore liquefaction and loading, and icebreaking LNG carriers, to export 4 million tons per year (MTPA) of LNG over a 20-year term.

The Qilak LNG 1 Project would deliver on Alaska’s long-held goal of commercializing North Slope natural gas,” said former Alaska Lt. Governor Mead Treadwell, Chairman and CEO of Qilak LNG. “With this HOA and our recently completed pre-feasibility study, Qilak will now begin extensive feasibility efforts, including preliminary permitting, with a target of reaching Final Investment Decision (FID) by 2021.””

 

Join us for details and discussion of this important project.





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