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ANGDA to bid on TransCanada, Denali Project gas lines

July 20, 2010|by Rhonda McBride
  • The Denali Project's open season ends in October. (KTUU-DT)
The Denali Project's open season ends in October. (KTUU-DT)

ANCHORAGE, Alaska — Alaska's federal pipeline coordinator, Larry Persily, gave an update Tuesday on the status of TransCanada's open season, which will conclude July 30.

There has been a lot of controversy in the governor's race about how much information should be made public and how soon.

One of the candidates in the Republican primary, Bill Walker, has made the argument that since TransCanada and its partner ExxonMobil are receiving public money, the results of the bidding should be revealed immediately so voters know before they head to the polls.

Persily says there's no federal requirement to reveal which companies have made offers to ship gas in the TransCanada pipeline or the terms of their deals. He adds that confidentiality is a necessary part of the process.

"The morning after the open season closed, the world may change, but it's not going to change because the open season closed. People just need to wait a little bit longer and see what comes out of it," Persily said.

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At least one of the bidders for the TransCanada project is announcing its intentions. The Alaska Natural Gas Development Authority, a public corporation, and a group of local utilities want to cut a deal to ship gas in the line.

"We have positioned ourselves with the electric utilities to be sure we're a bidder in this first round and we estimate that we'd get at least a 30 percent discount on the cost of shipping the gas because of that," said ANGDA's CEO, Harold Heinze.

Heinze says the group wants to make sure that some of the pipeline's capacity is reserved for Alaska gas.

ANGDA is also making an offer to ship gas in the competing Denali Project, which is a partnership of ConocoPhillips and BP. 

The Denali Project's open season ends in October.

Contact Rhonda McBride at rmcbride@ktuu.com

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