Tags: US | Alaska | Pipeline

Alaska Natural Gas Pipeline Could Cost $41 Billion

Friday, 29 January 2010 03:02 PM EST

The companies proposing a major pipeline to move natural gas from Alaska to the Lower 48 estimate the project will cost from $20 billion to as much as $41 billion, depending on the route.

The Alaska Pipeline Project details came Friday in a filing with federal regulators. The filing is a first step toward an open season, when the companies behind the project will try to ink shipping deals with North Slope gas producers.

TransCanada Corp. is working with Exxon Mobil Corp. to advance the pipeline. The state of Alaska has promised to reimburse TransCanada up to $500 million of the cost.

Early cost estimates from a few years ago were about $26 billion.

A rival project by BP PLC and ConocoPhillips is also moving ahead.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Markets
The companies proposing a major pipeline to move natural gas from Alaska to the Lower 48 estimate the project will cost from $20 billion to as much as $41 billion, depending on the route.The Alaska Pipeline Project details came Friday in a filing with federal regulators....
US,Alaska,Pipeline
126
2010-02-29
Friday, 29 January 2010 03:02 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Newsmax2 Live
 
On Now:8:00a ET • Upheaval: The Journey of Menachem Begin
Coming Up:9:00a ET • The Big Focus
Get Newsmax Text Alerts

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved