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Interest in the Alaska pipeline was revived in the early years of this decade by the ongoing strengthening in natural gas markets. An important development was the passage of U.S. federal legislation in 2004 which provided loan guarantees, fiscal lift and established time lines for regulatory approval processes for a project bringing Alaska natural gas to markets. The February 2006 announcement of a draft fiscal contract between the former Alaska Administration and the North Slope natural gas producers (British Petroleum, ExxonMobil and ConocoPhillips) further intensified interest in the project. However, the draft natural gas fiscal contract did not receive Alaskan Legislative support and ultimately failed.
New Alaska Governor, Sarah Palin, has vowed to make an Alaska natural gas pipeline a priority for her government. She introduced new legislation, the Alaska Gasline Inducement Act, on March 2, 2007. This new act is designed to induce construction of the pipeline and offer a transparent, expedient and competitive process to strike the right balance for the State, project proponents, gas producers and the United States.
The Agency will continue to work collaboratively with relevant federal departments and agencies to develop a regulatory structure, in anticipation a filing under the Northern Pipeline Act.
For further information about Northern Pipeline Agency Canada, contact:
Northern Pipeline Agency Canada
580 Booth Street
Ottawa, Ontario
K1A 0E4
Telephone: (613) 992-9612
Fax: (613) 995-1913
Ms. Cassie J. Doyle Commissioner
Mr. Jim Booth A/Assistant Commissioner and Comptroller