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Results 1 - 6 of 6 for "u:petroleumnews.com" in Point MacKenzie, AK

  1. A deal in the offing?Read the original story

    Apr 7, 2017 | Petroleum News

    The Alaska Industrial Development and Export Authority's Interior Energy Project is finalizing purchase and financing agreements for the purchase of Pentex Natural Gas Co. by Interior Gas Utility, Gene Therriault told the AIDEA board on March 30. The documents were to have been completed by the end of March but the work on the documents is a bit behind schedule - during its March 30 meeting the AIDEA board passed a resolution deferring the target completion date for the documents to April 30. IGU is a gas utility in Fairbanks.

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  2. REI closing downRead the original story

    Mar 31, 2017 | Petroleum News

    Resources Energy Inc., a Japanese company that has been pursuing the potential exporting of liquefied natural gas from the Cook Inlet basin, is closing its Alaska operations. Mary Ann Pease, the company's Alaska vice president, told Petroleum News on March 28 that the company has been unable to secure a supply of gas at a price that would enable Cook Inlet LNG to be competitive in today's global LNG market.

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  3. Going for integrationRead the original story

    Jan 13, 2017 | Petroleum News

    The boards of the Interior Gas Utility and the Alaska Industrial Development and Export Authority have both approved a memorandum of understanding, setting out terms under which IGU may purchase Pentex Natural Gas Co. to form an integrated business for the supply and distribution of natural gas from Cook Inlet to the city of Fairbanks.

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  4. Oil Patch Bits: Crowley to supply Alaska LNG to power plant in TokRead the original story

    Nov 11, 2016 | Petroleum News

    Crowley Maritime Corp.'s liquefied natural gas services group has recently been awarded a contract to supply Alaska LNG from the Titan Point Mackenzie plant to Alaska Power & Telephone Co.' s Tok power plant.

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  5. Progress slow for IEPRead the original story

    Nov 4, 2016 | Petroleum News

    The Alaska Industrial Development and Export Authority's Interior Energy Project has sent a potential gas supply term sheet to a Cook Inlet gas producer and is waiting to see if a gas supply contract can be closed, Gene Therriault, IEP team leader, told the AIDEA board on Oct. 27. The objective is to establish an expanded supply of natural gas for Fairbanks and the surrounding Interior at a price that competes with that of fuel oil, for the heating of buildings and for power generation. The project has been targeting a price level of $15 for gas delivered to consumers.

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  6. LNG project nears FEEDRead the original story

    Sep 30, 2016 | Petroleum News

    Resources Energy Inc., a Japanese company pursuing the possibility of exporting liquefied natural gas from Alaska's Cook Inlet to Japan, is anticipating making a decision around the turn of the year on whether to proceed to the front-end engineering and design phase of the LNG project, company officials told the Alaska Oil and Gas Congress on Sept. 21. A final investment decision could follow by June 2017, said Brian Murkowski, REI vice president of regulatory and government affairs.

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