North Slope producers BP and ExxonMobil have agreed to contribute $20 million to help the state of Alaska complete a federal licensing process for the proposed $41 billion Alaska LNG Project, Alaska Lieutenant Governor Kevin Meyer said Thursday at an industry conference in Anchorage. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The state-owned Alaska Gasline Development Corporation needs $30 million and another year to complete work with the Federal Energy Regulatory Commission on a license for Alaska LNG. If built, the project could export up to 20 million mt of liquefied natural gas from an LNG plant in south-central Alaska. Gas would be shipped from the North Slope through an 800-mile, 42-inch-diameter pipeline that is also planned. The companies are committing $10 million each, Meyer said. “This is […]