58° F

Supporting LNG Pipeline, Feds Wary of 'False Start'

Published On: Feb 20 2014 06:46:00 AM AKST
LNG terminal

CREATIVE COMMONS / pgegreenenergy


A federal official told state lawmakers the feds are ready to work on a liquefied natural gas pipeline project but don't want another false start.
Larry Persily is federal coordinator of Alaska gas pipeline projects.
In testimony submitted to the Senate Finance Committee, he said federal agencies would like to know a project has a real shot at making it this time.
He said this time could well be different than past, failed efforts.
He said working in the state's favor is that liquefied natural gas demand is the strongest growth industry for energy in the world.
The state faces a lot of potential competitors but he said it's not an impossible market.
Lawmakers are considering legislation that would move the project into a phase of preliminary engineering and design.