Pipelines snake across Prudhoe Bay, A...

Pipelines snake across Prudhoe Bay, Alaska on Thursday, May 21, 2015. ...

ExxonMobil has agreed in a preliminary deal signed Monday to sell its natural gas to the $43 billion Alaska LNG project, an important step as the state works to line up Asian utilities and other potential gas buyers. In a related deal, called a letter of understanding and also signed Monday, the state will "effectively stay" the deadline associated with a 2012 agreement involving future development at the Point Thomson gas field.

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